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.
Loading