For saleSingle family
$264,000
203 N 3rd St
Le Sueur MN 56058
4 beds, 2 baths, 2,172 sqft
203 N 3rd St is a 4 beds, 2 baths, 2,172 sqft single family home for sale at $264,000 in Le Sueur MN 56058. At 20% down it rents for an estimated $1,550/mo and returns -$335/mo a month at a 5.1% 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
- $1,550/mo
- Monthly cash flow
- -$335/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.6%
- Max offer
- $183,000
Offer ≤ $183,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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