For saleSingle family
$225,000
201 2nd St SW
New Prague MN 56071
3 beds, 2 baths, 1,044 sqft
201 2nd St SW is a 3 beds, 2 baths, 1,044 sqft single family home for sale at $225,000 in New Prague MN 56071. At 20% down it rents for an estimated $1,775/mo and returns $197/mo a month at a 7.6% 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
- $1,775/mo
- Monthly cash flow
- $197/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 5.3%
- Max offer
- $212,500
Offer ≤ $212,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.