For saleSingle family

$109,900

821 3rd Ave

Madison MN 56256

3 beds, 1 bath, 1,141 sqft

821 3rd Ave is a 3 beds, 1 bath, 1,141 sqft single family home for sale at $109,900 in Madison MN 56256. At 20% down it rents for an estimated $1,400/mo and returns $629/mo a month at a 13.4% 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
$1,400/mo
Monthly cash flow
$629/mo
Cap rate
13.4%
Cash-on-cash
34.4%
Max offer
$109,900

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

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