For saleSingle family

$396,000

512 15th St NE

Dilworth MN 56529

3 beds, 3 baths, 1,809 sqft

512 15th St NE is a 3 beds, 3 baths, 1,809 sqft single family home for sale at $396,000 in Dilworth MN 56529. At 20% down it rents for an estimated $2,025/mo and returns -$802/mo a month at a 4.2% 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
$2,025/mo
Monthly cash flow
-$802/mo
Cap rate
4.2%
Cash-on-cash
-12.2%
Max offer
$240,000

Offer ≤ $240,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading