For saleSingle family
$35,000
621 Elm Ave W
Waseca MN 56093
2 beds, 1 bath, 820 sqft
621 Elm Ave W is a 2 beds, 1 bath, 820 sqft single family home for sale at $35,000 in Waseca MN 56093. At 20% down it rents for an estimated $1,125/mo and returns $875/mo a month at a 36.7% 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
- $875/mo
- Cap rate
- 36.7%
- Cash-on-cash
- 150.0%
- Max offer
- $35,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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