For saleSingle family

$235,900

819 5th St

Nicollet MN 56074

4 beds, 2.5 baths, 1,808 sqft

819 5th St is a 4 beds, 2.5 baths, 1,808 sqft single family home for sale at $235,900 in Nicollet MN 56074. At 20% down it rents for an estimated $1,875/mo and returns $220/mo a month at a 7.6% 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
$1,875/mo
Monthly cash flow
$220/mo
Cap rate
7.6%
Cash-on-cash
5.6%
Max offer
$224,500

Offer ≤ $224,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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