For saleTownhouse

$218,000

380 Frenn Ave

Red Wing MN 55066

3 beds, 2 baths, 1,402 sqft

380 Frenn Ave is a 3 beds, 2 baths, 1,402 sqft townhouse home for sale at $218,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,925/mo and returns $331/mo a month at a 8.3% 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
$1,925/mo
Monthly cash flow
$331/mo
Cap rate
8.3%
Cash-on-cash
9.1%
Max offer
$218,000

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

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