For saleSingle family
$590,000
1239 Bellflower Ln
Owatonna MN 55060
5 beds, 3 baths, 2,514 sqft
1239 Bellflower Ln is a 5 beds, 3 baths, 2,514 sqft single family home for sale at $590,000 in Owatonna MN 55060. At 20% down it rents for an estimated $1,975/mo and returns -$2,237/mo a month at a 2.1% 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
- $1,975/mo
- Monthly cash flow
- -$2,237/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.7%
- Max offer
- $235,000
Offer ≤ $235,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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