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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