For saleSingle family
$279,000
137 N Morningside Dr
Le Sueur MN 56058
4 beds, 2 baths, 2,582 sqft
137 N Morningside Dr is a 4 beds, 2 baths, 2,582 sqft single family home for sale at $279,000 in Le Sueur MN 56058. At 20% down it rents for an estimated $1,550/mo and returns -$442/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
- $1,550/mo
- Monthly cash flow
- -$442/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.5%
- Max offer
- $183,500
Offer ≤ $183,500 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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