Pending saleSingle family

$299,900

2119 Lunden St

Saint Peter MN 56082

3 beds, 2 baths, 1,536 sqft

2119 Lunden St is a 3 beds, 2 baths, 1,536 sqft single family home pending sale at $299,900 in Saint Peter MN 56082. At 20% down it rents for an estimated $1,675/mo and returns -$466/mo a month at a 4.8% 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
$1,675/mo
Monthly cash flow
-$466/mo
Cap rate
4.8%
Cash-on-cash
-9.3%
Max offer
$198,000

Offer ≤ $198,000 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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