For saleSingle family
$145,000
243 E 4th St
Red Wing MN 55066
3 beds, 1 bath, 1,132 sqft
243 E 4th St is a 3 beds, 1 bath, 1,132 sqft single family home for sale at $145,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,850/mo and returns $815/mo a month at a 13.4% 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
- $1,850/mo
- Monthly cash flow
- $815/mo
- Cap rate
- 13.4%
- Cash-on-cash
- 33.7%
- Max offer
- $145,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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