For saleSingle family
$758,000
1900 21st Ave NE
Kasson MN 55944
5 beds, 3.5 baths, 3,281 sqft
1900 21st Ave NE is a 5 beds, 3.5 baths, 3,281 sqft single family home for sale at $758,000 in Kasson MN 55944. At 20% down it rents for an estimated $2,450/mo and returns -$2,961/mo a month at a 2.0% 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
- -$2,961/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.4%
- Max offer
- $292,000
Offer ≤ $292,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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