For saleSingle family
$197,000
540 E Vine St
Owatonna MN 55060
3 beds, 2 baths, 1,413 sqft
540 E Vine St is a 3 beds, 2 baths, 1,413 sqft single family home for sale at $197,000 in Owatonna MN 55060. At 20% down it rents for an estimated $1,500/mo and returns $94/mo a month at a 7.2% 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
- $94/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.9%
- Max offer
- $177,000
Offer ≤ $177,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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