For saleSingle family
$200,000
21447 586th Ave
Litchfield MN 55355
4 beds, 2 baths, 1,261 sqft
21447 586th Ave is a 4 beds, 2 baths, 1,261 sqft single family home for sale at $200,000 in Litchfield MN 55355. At 20% down it rents for an estimated $2,125/mo and returns $697/mo a month at a 10.8% 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
- $2,125/mo
- Monthly cash flow
- $697/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 20.9%
- Max offer
- $200,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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