For saleTownhouse
$249,000
1843 Daniel Ln NE
Stewartville MN 55976
2 beds, 2 baths, 1,090 sqft
1843 Daniel Ln NE is a 2 beds, 2 baths, 1,090 sqft townhouse home for sale at $249,000 in Stewartville MN 55976. At 20% down it rents for an estimated $1,375/mo and returns -$499/mo a month at a 4.3% 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
- $1,375/mo
- Monthly cash flow
- -$499/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.0%
- Max offer
- $145,500
Offer ≤ $145,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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