For saleSingle family

$358,000

510 15th St NE

Dilworth MN 56529

3 beds, 2.5 baths, 1,714 sqft

510 15th St NE is a 3 beds, 2.5 baths, 1,714 sqft single family home for sale at $358,000 in Dilworth MN 56529. At 20% down it rents for an estimated $2,025/mo and returns -$531/mo a month at a 4.9% 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
$2,025/mo
Monthly cash flow
-$531/mo
Cap rate
4.9%
Cash-on-cash
-8.9%
Max offer
$239,500

Offer ≤ $239,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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