For saleSingle family
$150,000
416 10th St SE
Waseca MN 56093
2 beds, 1 bath, 758 sqft
416 10th St SE is a 2 beds, 1 bath, 758 sqft single family home for sale at $150,000 in Waseca MN 56093. At 20% down it rents for an estimated $1,125/mo and returns $54/mo a month at a 7.1% 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
- $54/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.2%
- Max offer
- $132,500
Offer ≤ $132,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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