For saleSingle family
$399,500
33850 98th St
Waseca MN 56093
3 beds, 2.5 baths, 2,806 sqft
33850 98th St is a 3 beds, 2.5 baths, 2,806 sqft single family home for sale at $399,500 in Waseca MN 56093. At 20% down it rents for an estimated $1,225/mo and returns -$1,627/mo a month at a 1.8% 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
- -$1,627/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.4%
- Max offer
- $146,000
Offer ≤ $146,000 (63% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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