For saleSingle family
$210,000
547 E Main St
Owatonna MN 55060
2 beds, 1 bath, 1,632 sqft
547 E Main St is a 2 beds, 1 bath, 1,632 sqft single family home for sale at $210,000 in Owatonna MN 55060. At 20% down it rents for an estimated $1,200/mo and returns -$299/mo a month at a 5.0% 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
- $1,200/mo
- Monthly cash flow
- -$299/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.5%
- Max offer
- $142,000
Offer ≤ $142,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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