For saleSingle family
$135,000
223 5th Ave N
Waite Park MN 56387
2 beds, 2 baths, 960 sqft
223 5th Ave N is a 2 beds, 2 baths, 960 sqft single family home for sale at $135,000 in Waite Park MN 56387. At 20% down it rents for an estimated $1,150/mo and returns $186/mo a month at a 8.3% 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
- $1,150/mo
- Monthly cash flow
- $186/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.3%
- Max offer
- $135,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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