For saleSingle family
$162,000
124 W Fremont St
Owatonna MN 55060
2 beds, 1 bath, 1,071 sqft
124 W Fremont St is a 2 beds, 1 bath, 1,071 sqft single family home for sale at $162,000 in Owatonna MN 55060. At 20% down it rents for an estimated $1,200/mo and returns $44/mo a month at a 7.0% 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
- $1,200/mo
- Monthly cash flow
- $44/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.6%
- Max offer
- $141,500
Offer ≤ $141,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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