For saleSingle family
$98,000
246 Grant St S
Lake Benton MN 56149
3 beds, 1 bath, 1,132 sqft
246 Grant St S is a 3 beds, 1 bath, 1,132 sqft single family home for sale at $98,000 in Lake Benton MN 56149. At 20% down it rents for an estimated $1,075/mo and returns $388/mo a month at a 11.3% 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
- $1,075/mo
- Monthly cash flow
- $388/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.7%
- Max offer
- $98,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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