For saleSingle family
$79,000
602 Broadway
Wheaton MN 56296
3 beds, 1.5 baths, 1,200 sqft
602 Broadway is a 3 beds, 1.5 baths, 1,200 sqft single family home for sale at $79,000 in Wheaton MN 56296. At 20% down it rents for an estimated $825/mo and returns $261/mo a month at a 10.6% 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
- $261/mo
- Cap rate
- 10.6%
- Cash-on-cash
- 19.8%
- Max offer
- $79,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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