For saleSingle family

$129,000

905 9th Ave SW

Austin MN 55912

3 beds, 2 baths, 1,610 sqft

905 9th Ave SW is a 3 beds, 2 baths, 1,610 sqft single family home for sale at $129,000 in Austin MN 55912. At 20% down it rents for an estimated $1,400/mo and returns $495/mo a month at a 11.1% 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
$1,400/mo
Monthly cash flow
$495/mo
Cap rate
11.1%
Cash-on-cash
23.0%
Max offer
$129,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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