For saleSingle family

$215,000

529 N Section Ave

Spring Valley MN 55975

3 beds, 1 bath, 1,152 sqft

529 N Section Ave is a 3 beds, 1 bath, 1,152 sqft single family home for sale at $215,000 in Spring Valley MN 55975. At 20% down it rents for an estimated $1,625/mo and returns $117/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
$1,625/mo
Monthly cash flow
$117/mo
Cap rate
7.2%
Cash-on-cash
3.3%
Max offer
$194,500

Offer ≤ $194,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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