For saleSingle family
$205,000
1030 Putnam Ave
Red Wing MN 55066
3 beds, 1 bath, 1,269 sqft
1030 Putnam Ave is a 3 beds, 1 bath, 1,269 sqft single family home for sale at $205,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,925/mo and returns $487/mo a month at a 9.4% 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
- $1,925/mo
- Monthly cash flow
- $487/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 14.3%
- Max offer
- $205,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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