For saleSingle family
$59,000
1403 2nd Ave N
Wheaton MN 56296
3 beds, 1 bath, 1,175 sqft
1403 2nd Ave N is a 3 beds, 1 bath, 1,175 sqft single family home for sale at $59,000 in Wheaton MN 56296. At 20% down it rents for an estimated $825/mo and returns $404/mo a month at a 14.9% 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
- $404/mo
- Cap rate
- 14.9%
- Cash-on-cash
- 41.1%
- Max offer
- $59,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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