For saleSingle family

$170,000

319 Buchanan St

Red Wing MN 55066

3 beds, 1 bath, 1,514 sqft

319 Buchanan St is a 3 beds, 1 bath, 1,514 sqft single family home for sale at $170,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,675/mo and returns $483/mo a month at a 9.9% 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
$1,675/mo
Monthly cash flow
$483/mo
Cap rate
9.9%
Cash-on-cash
17.0%
Max offer
$170,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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