For saleSingle family
$84,000
126 Tousley Ave N
New York Mills MN 56567
2 beds, 1 bath, 1,074 sqft
126 Tousley Ave N is a 2 beds, 1 bath, 1,074 sqft single family home for sale at $84,000 in New York Mills MN 56567. At 20% down it rents for an estimated $825/mo and returns $236/mo a month at a 9.9% 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
- $825/mo
- Monthly cash flow
- $236/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.8%
- Max offer
- $84,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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