For saleSingle family
$345,000
436 9th St S
Waite Park MN 56387
4 beds, 3.5 baths, 3,004 sqft
436 9th St S is a 4 beds, 3.5 baths, 3,004 sqft single family home for sale at $345,000 in Waite Park MN 56387. At 20% down it rents for an estimated $2,200/mo and returns -$263/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
- $2,200/mo
- Monthly cash flow
- -$263/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.6%
- Max offer
- $260,000
Offer ≤ $260,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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