For saleSingle family
$82,500
13204 53rd St NE Unit 12
Spicer MN 56288
2 beds, 1 bath, 288 sqft
13204 53rd St NE Unit 12 is a 2 beds, 1 bath, 288 sqft single family home for sale at $82,500 in Spicer MN 56288. At 20% down it rents for an estimated $1,100/mo and returns $521/mo a month at a 14.1% 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
- $1,100/mo
- Monthly cash flow
- $521/mo
- Cap rate
- 14.1%
- Cash-on-cash
- 37.9%
- Max offer
- $82,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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