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 $1,450/mo and returns $523/mo a month at a 11.5% 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
- $1,450/mo
- Monthly cash flow
- $523/mo
- Cap rate
- 11.5%
- Cash-on-cash
- 24.1%
- Max offer
- $129,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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