For saleSingle family

$220,000

105 Paul Ave N

Cologne MN 55322

2 beds, 1 bath, 1,089 sqft

105 Paul Ave N is a 2 beds, 1 bath, 1,089 sqft single family home for sale at $220,000 in Cologne MN 55322. At 20% down it rents for an estimated $1,600/mo and returns $57/mo a month at a 6.8% 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
$1,600/mo
Monthly cash flow
$57/mo
Cap rate
6.8%
Cash-on-cash
1.6%
Max offer
$191,500

Offer ≤ $191,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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