For saleSingle family
$290,000
805 9th Ave NE
Waseca MN 56093
4 beds, 2 baths, 2,720 sqft
805 9th Ave NE is a 4 beds, 2 baths, 2,720 sqft single family home for sale at $290,000 in Waseca MN 56093. At 20% down it rents for an estimated $1,350/mo and returns -$720/mo a month at a 3.7% 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
- $1,350/mo
- Monthly cash flow
- -$720/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.9%
- Max offer
- $160,000
Offer ≤ $160,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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