For saleSingle family

$128,900

320 N 3rd St

Le Sueur MN 56058

3 beds, 1 bath, 1,270 sqft

320 N 3rd St is a 3 beds, 1 bath, 1,270 sqft single family home for sale at $128,900 in Le Sueur MN 56058. At 20% down it rents for an estimated $1,400/mo and returns $480/mo a month at a 11.1% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$1,400/mo
Monthly cash flow
$480/mo
Cap rate
11.1%
Cash-on-cash
22.3%
Max offer
$128,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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