For saleSingle family
$209,000
20 SW 2 Ave
Wells MN 56097
5 beds, 3 baths, 3,950 sqft
20 SW 2 Ave is a 5 beds, 3 baths, 3,950 sqft single family home for sale at $209,000 in Wells MN 56097. At 20% down it rents for an estimated $1,600/mo and returns $134/mo a month at a 7.3% 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
- $1,600/mo
- Monthly cash flow
- $134/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.9%
- Max offer
- $191,500
Offer ≤ $191,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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