For saleSingle family
$69,000
607 5th St NW
Austin MN 55912
4 beds, 2 baths, 1,320 sqft
607 5th St NW is a 4 beds, 2 baths, 1,320 sqft single family home for sale at $69,000 in Austin MN 55912. At 20% down it rents for an estimated $1,475/mo and returns $982/mo a month at a 23.8% 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
- $1,475/mo
- Monthly cash flow
- $982/mo
- Cap rate
- 23.8%
- Cash-on-cash
- 85.4%
- Max offer
- $69,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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