For saleSingle family
$349,000
60 18th Pl NE
Owatonna MN 55060
4 beds, 2 baths, 1,712 sqft
60 18th Pl NE is a 4 beds, 2 baths, 1,712 sqft single family home for sale at $349,000 in Owatonna MN 55060. At 20% down it rents for an estimated $1,800/mo and returns -$691/mo a month at a 4.3% 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
- $1,800/mo
- Monthly cash flow
- -$691/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.9%
- Max offer
- $213,000
Offer ≤ $213,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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