For saleSingle family
$229,900
221 Bryan Ave
Owatonna MN 55060
2 beds, 1 bath, 795 sqft
221 Bryan Ave is a 2 beds, 1 bath, 795 sqft single family home for sale at $229,900 in Owatonna MN 55060. At 20% down it rents for an estimated $1,400/mo and returns -$241/mo a month at a 5.4% 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
- $1,400/mo
- Monthly cash flow
- -$241/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.3%
- Max offer
- $165,500
Offer ≤ $165,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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