For saleSingle family

$650,000

737 Kingsway Dr

Le Sueur MN 56058

6 beds, 4 baths, 3,810 sqft

737 Kingsway Dr is a 6 beds, 4 baths, 3,810 sqft single family home for sale at $650,000 in Le Sueur MN 56058. At 20% down it rents for an estimated $1,750/mo and returns -$2,890/mo a month at a 1.3% 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
$1,750/mo
Monthly cash flow
-$2,890/mo
Cap rate
1.3%
Cash-on-cash
-26.7%
Max offer
$209,000

Offer ≤ $209,000 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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