For saleSingle family

$125,000

417 7th Ave NW

Waseca MN 56093

4 beds, 2 baths, 1,128 sqft

417 7th Ave NW is a 4 beds, 2 baths, 1,128 sqft single family home for sale at $125,000 in Waseca MN 56093. At 20% down it rents for an estimated $1,350/mo and returns $458/mo a month at a 11.1% 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
$1,350/mo
Monthly cash flow
$458/mo
Cap rate
11.1%
Cash-on-cash
22.0%
Max offer
$125,000

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

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