For saleSingle family
$664,900
1602 21st Ave NE
Kasson MN 55944
5 beds, 3 baths, 2,955 sqft
1602 21st Ave NE is a 5 beds, 3 baths, 2,955 sqft single family home for sale at $664,900 in Kasson MN 55944. At 20% down it rents for an estimated $2,450/mo and returns -$2,297/mo a month at a 2.5% 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
- $2,450/mo
- Monthly cash flow
- -$2,297/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.7%
- Max offer
- $291,500
Offer ≤ $291,500 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading