For saleSingle family
$159,900
711 3rd Ave SE
Waseca MN 56093
4 beds, 1 bath, 1,444 sqft
711 3rd Ave SE is a 4 beds, 1 bath, 1,444 sqft single family home for sale at $159,900 in Waseca MN 56093. At 20% down it rents for an estimated $1,350/mo and returns $209/mo a month at a 8.2% 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
- $1,350/mo
- Monthly cash flow
- $209/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.8%
- Max offer
- $159,000
Offer ≤ $159,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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