For saleSingle family
$239,900
4251 Hickory St
Red Wing MN 55066
3 beds, 1 bath, 1,056 sqft
4251 Hickory St is a 3 beds, 1 bath, 1,056 sqft single family home for sale at $239,900 in Red Wing MN 55066. At 20% down it rents for an estimated $2,100/mo and returns $387/mo a month at a 8.6% 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
- $2,100/mo
- Monthly cash flow
- $387/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.7%
- Max offer
- $239,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading