For saleSingle family
$250,000
795 Wilkinson St
Red Wing MN 55066
3 beds, 2 baths, 1,475 sqft
795 Wilkinson St is a 3 beds, 2 baths, 1,475 sqft single family home for sale at $250,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,850/mo and returns $65/mo a month at a 7.0% 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
- $1,850/mo
- Monthly cash flow
- $65/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.6%
- Max offer
- $218,500
Offer ≤ $218,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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