For saleSingle family
$200,000
1521 W 6th St
Red Wing MN 55066
5 beds, 2 baths, 1,740 sqft
1521 W 6th St is a 5 beds, 2 baths, 1,740 sqft single family home for sale at $200,000 in Red Wing MN 55066. At 20% down it rents for an estimated $2,600/mo and returns $1,172/mo a month at a 13.7% 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
- $2,600/mo
- Monthly cash flow
- $1,172/mo
- Cap rate
- 13.7%
- Cash-on-cash
- 35.2%
- Max offer
- $200,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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