For saleSingle family
$1,399,900
1440 Quarry Rd
Luverne MN 56156
4 beds, 4 baths, 7,029 sqft
1440 Quarry Rd is a 4 beds, 4 baths, 7,029 sqft single family home for sale at $1,399,900 in Luverne MN 56156. At 20% down it rents for an estimated $1,125/mo and returns -$8,869/mo a month at a -0.9% 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
- $1,125/mo
- Monthly cash flow
- -$8,869/mo
- Cap rate
- -0.9%
- Cash-on-cash
- -38.0%
- Max offer
- $136,000
Offer ≤ $136,000 (90% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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