For saleSingle family
$175,500
159 1st Ave S
Wood Lake MN 56297
4 beds, 1 bath, 1,494 sqft
159 1st Ave S is a 4 beds, 1 bath, 1,494 sqft single family home for sale at $175,500 in Wood Lake MN 56297. At 20% down it rents for an estimated $3,350/mo and returns $2,119/mo a month at a 21.0% 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
- $3,350/mo
- Monthly cash flow
- $2,119/mo
- Cap rate
- 21.0%
- Cash-on-cash
- 72.4%
- Max offer
- $175,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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