For saleSingle family

$215,000

134 7th Ave N

Waite Park MN 56387

3 beds, 2 baths, 1,346 sqft

134 7th Ave N is a 3 beds, 2 baths, 1,346 sqft single family home for sale at $215,000 in Waite Park MN 56387. At 20% down it rents for an estimated $1,375/mo and returns -$160/mo a month at a 5.8% 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
$1,375/mo
Monthly cash flow
-$160/mo
Cap rate
5.8%
Cash-on-cash
-4.5%
Max offer
$162,500

Offer ≤ $162,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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