For saleSingle family

$157,900

1606 E Lake St

Osakis MN 56360

2 beds, 1 bath, 432 sqft

1606 E Lake St is a 2 beds, 1 bath, 432 sqft single family home for sale at $157,900 in Osakis MN 56360. At 20% down it rents for an estimated $1,500/mo and returns $393/mo a month at a 9.5% 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
$1,500/mo
Monthly cash flow
$393/mo
Cap rate
9.5%
Cash-on-cash
14.9%
Max offer
$157,900

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

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