For saleSingle family

$149,900

315 NE Buck Ave

Madelia MN 56062

3 beds, 1 bath, 1,304 sqft

315 NE Buck Ave is a 3 beds, 1 bath, 1,304 sqft single family home for sale at $149,900 in Madelia MN 56062. At 20% down it rents for an estimated $1,600/mo and returns $549/mo a month at a 10.9% 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
$1,600/mo
Monthly cash flow
$549/mo
Cap rate
10.9%
Cash-on-cash
22.0%
Max offer
$149,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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