For saleSingle family
$589,900
1138 Petersen Ct NW
Stewartville MN 55976
3 beds, 3 baths, 1,945 sqft
1138 Petersen Ct NW is a 3 beds, 3 baths, 1,945 sqft single family home for sale at $589,900 in Stewartville MN 55976. At 20% down it rents for an estimated $1,550/mo and returns -$2,661/mo a month at a 1.3% 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
- $1,550/mo
- Monthly cash flow
- -$2,661/mo
- Cap rate
- 1.3%
- Cash-on-cash
- -27.1%
- Max offer
- $185,500
Offer ≤ $185,500 (69% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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