For saleSingle family
$229,000
702 S 3rd St
Saint Peter MN 56082
4 beds, 2 baths, 2,762 sqft
702 S 3rd St is a 4 beds, 2 baths, 2,762 sqft single family home for sale at $229,000 in Saint Peter MN 56082. At 20% down it rents for an estimated $1,750/mo and returns $115/mo a month at a 7.3% 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
- $1,750/mo
- Monthly cash flow
- $115/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $206,500
Offer ≤ $206,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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