For saleSingle family
$264,900
576 South St
Owatonna MN 55060
4 beds, 2 baths, 2,213 sqft
576 South St is a 4 beds, 2 baths, 2,213 sqft single family home for sale at $264,900 in Owatonna MN 55060. At 20% down it rents for an estimated $2,000/mo and returns $142/mo a month at a 7.2% 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
- $2,000/mo
- Monthly cash flow
- $142/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.2%
- Max offer
- $239,500
Offer ≤ $239,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.