For saleSingle family

$235,000

319 Adams Ave NW

Owatonna MN 55060

3 beds, 2 baths, 1,143 sqft

319 Adams Ave NW is a 3 beds, 2 baths, 1,143 sqft single family home for sale at $235,000 in Owatonna MN 55060. At 20% down it rents for an estimated $1,750/mo and returns $102/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
$1,750/mo
Monthly cash flow
$102/mo
Cap rate
7.0%
Cash-on-cash
2.6%
Max offer
$209,500

Offer ≤ $209,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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