For saleSingle family

$394,000

2113 Lunden St

Saint Peter MN 56082

3 beds, 2 baths, 1,990 sqft

2113 Lunden St is a 3 beds, 2 baths, 1,990 sqft single family home for sale at $394,000 in Saint Peter MN 56082. At 20% down it rents for an estimated $1,675/mo and returns -$1,138/mo a month at a 3.2% 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
$1,675/mo
Monthly cash flow
-$1,138/mo
Cap rate
3.2%
Cash-on-cash
-17.3%
Max offer
$198,500

Offer ≤ $198,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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