For saleSingle family
$260,000
33 8th Ave N
Waite Park MN 56387
3 beds, 1 bath, 1,204 sqft
33 8th Ave N is a 3 beds, 1 bath, 1,204 sqft single family home for sale at $260,000 in Waite Park MN 56387. At 20% down it rents for an estimated $1,375/mo and returns -$481/mo a month at a 4.4% 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
- $1,375/mo
- Monthly cash flow
- -$481/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.1%
- Max offer
- $162,500
Offer ≤ $162,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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