For saleSingle family

$225,000

103 3rd Ave E

Ada MN 56510

4 beds, 1.5 baths, 3,530 sqft

103 3rd Ave E is a 4 beds, 1.5 baths, 3,530 sqft single family home for sale at $225,000 in Ada MN 56510. At 20% down it rents for an estimated $2,250/mo and returns $672/mo a month at a 10.1% 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
$2,250/mo
Monthly cash flow
$672/mo
Cap rate
10.1%
Cash-on-cash
17.9%
Max offer
$225,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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