For saleSingle family

$129,900

701 9th Ave SW

Austin MN 55912

3 beds, 1 bath, 1,224 sqft

701 9th Ave SW is a 3 beds, 1 bath, 1,224 sqft single family home for sale at $129,900 in Austin MN 55912. At 20% down it rents for an estimated $1,400/mo and returns $489/mo a month at a 11.0% 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
$1,400/mo
Monthly cash flow
$489/mo
Cap rate
11.0%
Cash-on-cash
22.6%
Max offer
$129,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.