For saleSingle family
$354,900
910 Lee St NE
Owatonna MN 55060
3 beds, 2 baths, 2,319 sqft
910 Lee St NE is a 3 beds, 2 baths, 2,319 sqft single family home for sale at $354,900 in Owatonna MN 55060. At 20% down it rents for an estimated $1,550/mo and returns -$984/mo a month at a 3.3% 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
- $1,550/mo
- Monthly cash flow
- -$984/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.6%
- Max offer
- $184,000
Offer ≤ $184,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading