For saleTownhouse
$319,900
1971 E Welco Dr
Saint Peter MN 56082
2 beds, 2 baths, 1,712 sqft
1971 E Welco Dr is a 2 beds, 2 baths, 1,712 sqft townhouse home for sale at $319,900 in Saint Peter MN 56082. At 20% down it rents for an estimated $1,450/mo and returns -$804/mo a month at a 3.7% 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
- $1,450/mo
- Monthly cash flow
- -$804/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -15.1%
- Max offer
- $167,000
Offer ≤ $167,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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