For saleSingle family

$349,900

39031 State Highway 13

Waseca MN 56093

3 beds, 4 baths, 2,690 sqft

39031 State Highway 13 is a 3 beds, 4 baths, 2,690 sqft single family home for sale at $349,900 in Waseca MN 56093. At 20% down it rents for an estimated $1,225/mo and returns -$1,273/mo a month at a 2.3% 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
$1,225/mo
Monthly cash flow
-$1,273/mo
Cap rate
2.3%
Cash-on-cash
-21.8%
Max offer
$145,500

Offer ≤ $145,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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