For saleSingle family
$185,900
449 13th St
Red Wing MN 55066
2 beds, 1 bath, 941 sqft
449 13th St is a 2 beds, 1 bath, 941 sqft single family home for sale at $185,900 in Red Wing MN 55066. At 20% down it rents for an estimated $1,500/mo and returns $196/mo a month at a 7.8% 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
- $196/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.3%
- Max offer
- $179,500
Offer ≤ $179,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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