For saleSingle family

$198,000

207 Willow Ave

Owatonna MN 55060

4 beds, 2 baths, 1,851 sqft

207 Willow Ave is a 4 beds, 2 baths, 1,851 sqft single family home for sale at $198,000 in Owatonna MN 55060. At 20% down it rents for an estimated $1,700/mo and returns $287/mo a month at a 8.4% 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
$1,700/mo
Monthly cash flow
$287/mo
Cap rate
8.4%
Cash-on-cash
8.7%
Max offer
$198,000

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

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