For saleSingle family
$198,500
608 2nd Ave SW
Austin MN 55912
4 beds, 3 baths, 1,756 sqft
608 2nd Ave SW is a 4 beds, 3 baths, 1,756 sqft single family home for sale at $198,500 in Austin MN 55912. At 20% down it rents for an estimated $1,800/mo and returns $408/mo a month at a 9.0% 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
- $1,800/mo
- Monthly cash flow
- $408/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 12.3%
- Max offer
- $198,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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