For saleSingle family

$225,000

706 Central Ave

Buffalo MN 55313

3 beds, 1.5 baths, 1,628 sqft

706 Central Ave is a 3 beds, 1.5 baths, 1,628 sqft single family home for sale at $225,000 in Buffalo MN 55313. At 20% down it rents for an estimated $1,850/mo and returns $272/mo a month at a 8.0% 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
$1,850/mo
Monthly cash flow
$272/mo
Cap rate
8.0%
Cash-on-cash
7.3%
Max offer
$221,500

Offer ≤ $221,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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