For saleSingle family
$250,000
606 1st Ave NE
Osseo MN 55369
2 beds, 1 bath, 997 sqft
606 1st Ave NE is a 2 beds, 1 bath, 997 sqft single family home for sale at $250,000 in Osseo MN 55369. At 20% down it rents for an estimated $2,100/mo and returns $315/mo a month at a 8.2% 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
- $2,100/mo
- Monthly cash flow
- $315/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.6%
- Max offer
- $247,500
Offer ≤ $247,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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