For saleSingle family

$289,900

600 S Washington Ave

Saint Peter MN 56082

6 beds, 2.5 baths, 2,623 sqft

600 S Washington Ave is a 6 beds, 2.5 baths, 2,623 sqft single family home for sale at $289,900 in Saint Peter MN 56082. At 20% down it rents for an estimated $2,200/mo and returns $167/mo a month at a 7.2% 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
$2,200/mo
Monthly cash flow
$167/mo
Cap rate
7.2%
Cash-on-cash
3.5%
Max offer
$263,500

Offer ≤ $263,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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