$90,000
201 S Franklin St Unit 66
Lake City MN 55041
2 beds, 1 bath, 840 sqft
201 S Franklin St Unit 66 is a 2 beds, 1 bath, 840 sqft single family home for sale at $90,000 in Lake City MN 55041. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.
$90,000
201 S Franklin St Unit 66
Lake City MN 55041
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Pro forma
Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $379/mo for management, vacancy, maintenance and CapEx) would put cash flow at $715/mo. Set your own below.
Monthly payment (PITI)
- Principal & interest$435
- Property tax$90
- Insurance$30
- Total payment$555/mo
Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.
Cash you'd need to close (est.)
- Down payment (25.0%)$22,500
- Closing costs (~3%: title, lender, prepaid escrow)$2,700
- Reserves (2 months of payments)$1,110
- Total cash to close$26,310
An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.
Where it sits
201 S Franklin St Unit 66 in context — the streets, water and amenities around it.
Property details
201 S Franklin St Unit 66 · Lake City MN 55041
- Beds
- 2
- Baths
- 1
- Square feet
- 840
- Price / sqft
- $107
- Home type
- Single family
- Days on market
- 33 days
- HOA
- None
- Status
- For Sale
Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.