For saleSingle family
$344,900
407 16th St NE
Dilworth MN 56529
2 beds, 2 baths, 1,424 sqft
407 16th St NE is a 2 beds, 2 baths, 1,424 sqft single family home for sale at $344,900 in Dilworth MN 56529. At 20% down it rents for an estimated $1,400/mo and returns -$1,062/mo a month at a 3.0% 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
- $1,400/mo
- Monthly cash flow
- -$1,062/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.5%
- Max offer
- $166,000
Offer ≤ $166,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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