For saleSingle family
$47,500
702 1st Ave S
Wheaton MN 56296
3 beds, 1.5 baths, 1,624 sqft
702 1st Ave S is a 3 beds, 1.5 baths, 1,624 sqft single family home for sale at $47,500 in Wheaton MN 56296. At 20% down it rents for an estimated $825/mo and returns $486/mo a month at a 18.9% 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
- $486/mo
- Cap rate
- 18.9%
- Cash-on-cash
- 61.4%
- Max offer
- $47,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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