For saleSingle family
$145,000
606 4th Ave NE
Waseca MN 56093
2 beds, 1 bath, 1,012 sqft
606 4th Ave NE is a 2 beds, 1 bath, 1,012 sqft single family home for sale at $145,000 in Waseca MN 56093. At 20% down it rents for an estimated $1,125/mo and returns $90/mo a month at a 7.4% 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
- $1,125/mo
- Monthly cash flow
- $90/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.7%
- Max offer
- $132,500
Offer ≤ $132,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading