For saleSingle family

$289,900

2014 E 20th St

Zumbrota MN 55992

2 beds, 2 baths, 1,174 sqft

2014 E 20th St is a 2 beds, 2 baths, 1,174 sqft single family home for sale at $289,900 in Zumbrota MN 55992. At 20% down it rents for an estimated $975/mo and returns -$1,095/mo a month at a 2.1% 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
$975/mo
Monthly cash flow
-$1,095/mo
Cap rate
2.1%
Cash-on-cash
-22.7%
Max offer
$116,000

Offer ≤ $116,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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