For saleCondo

$22,728

200 S 3rd St Apt 206

Le Sueur MN 56058

1 bed, 1 bath, 640 sqft

200 S 3rd St Apt 206 is a 1 bed, 1 bath, 640 sqft condo home for sale at $22,728 in Le Sueur MN 56058. At 20% down it rents for an estimated $1,100/mo and returns $277/mo a month at a 21.3% 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
$1,100/mo
Monthly cash flow
$277/mo
Cap rate
21.3%
Cash-on-cash
73.2%
Max offer
$22,728

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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