For saleSingle family
$155,000
917 Bridge Ave
Albert Lea MN 56007
4 beds, 2 baths, 1,347 sqft
917 Bridge Ave is a 4 beds, 2 baths, 1,347 sqft single family home for sale at $155,000 in Albert Lea MN 56007. At 20% down it rents for an estimated $1,600/mo and returns $493/mo a month at a 10.5% 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
- $1,600/mo
- Monthly cash flow
- $493/mo
- Cap rate
- 10.5%
- Cash-on-cash
- 19.1%
- Max offer
- $155,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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