For saleSingle family
$204,900
918 3rd St SW
Waseca MN 56093
3 beds, 1 bath, 1,004 sqft
918 3rd St SW is a 3 beds, 1 bath, 1,004 sqft single family home for sale at $204,900 in Waseca MN 56093. At 20% down it rents for an estimated $1,225/mo and returns -$238/mo a month at a 5.3% 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
- $1,225/mo
- Monthly cash flow
- -$238/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -7.0%
- Max offer
- $144,500
Offer ≤ $144,500 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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