For saleSingle family
$144,000
709 8th Ave SE
Waseca MN 56093
3 beds, 1 bath, 1,040 sqft
709 8th Ave SE is a 3 beds, 1 bath, 1,040 sqft single family home for sale at $144,000 in Waseca MN 56093. At 20% down it rents for an estimated $1,225/mo and returns $197/mo a month at a 8.3% 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
- $1,225/mo
- Monthly cash flow
- $197/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.2%
- Max offer
- $144,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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