For saleSingle family
$259,000
90 NW 5th Ave
Wells MN 56097
4 beds, 2 baths, 2,679 sqft
90 NW 5th Ave is a 4 beds, 2 baths, 2,679 sqft single family home for sale at $259,000 in Wells MN 56097. At 20% down it rents for an estimated $1,900/mo and returns $83/mo a month at a 6.9% 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
- $1,900/mo
- Monthly cash flow
- $83/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.9%
- Max offer
- $227,500
Offer ≤ $227,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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