For saleSingle family
$195,000
221 Beech Ave
Owatonna MN 55060
3 beds, 1 bath, 1,022 sqft
221 Beech Ave is a 3 beds, 1 bath, 1,022 sqft single family home for sale at $195,000 in Owatonna MN 55060. At 20% down it rents for an estimated $1,500/mo and returns $132/mo a month at a 7.3% 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
- $1,500/mo
- Monthly cash flow
- $132/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.1%
- Max offer
- $179,500
Offer ≤ $179,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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