For saleSingle family
$850,000
918 W 6th St
Red Wing MN 55066
5 beds, 5 baths, 4,990 sqft
918 W 6th St is a 5 beds, 5 baths, 4,990 sqft single family home for sale at $850,000 in Red Wing MN 55066. At 20% down it rents for an estimated $2,600/mo and returns -$3,468/mo a month at a 1.8% 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
- $2,600/mo
- Monthly cash flow
- -$3,468/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.5%
- Max offer
- $310,000
Offer ≤ $310,000 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading