For saleSingle family
$95,000
609 1st Ave SW
Austin MN 55912
3 beds, 2 baths, 1,490 sqft
609 1st Ave SW is a 3 beds, 2 baths, 1,490 sqft single family home for sale at $95,000 in Austin MN 55912. At 20% down it rents for an estimated $1,200/mo and returns $522/mo a month at a 13.3% 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
- $1,200/mo
- Monthly cash flow
- $522/mo
- Cap rate
- 13.3%
- Cash-on-cash
- 33.0%
- Max offer
- $95,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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