For saleMulti-family
$245,000
109 10th Ave SE
Waseca MN 56093
4 beds, 2 baths, 2,352 sqft
109 10th Ave SE is a 4 beds, 2 baths, 2,352 sqft multi-family home for sale at $245,000 in Waseca MN 56093. At 20% down it rents for an estimated $2,400/mo and returns $651/mo a month at a 9.9% 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
- $2,400/mo
- Monthly cash flow
- $651/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 15.9%
- Max offer
- $245,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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