For saleSingle family

$55,000

549 1st Ave W

Halstad MN 56548

3 beds, 1 bath, 823 sqft

549 1st Ave W is a 3 beds, 1 bath, 823 sqft single family home for sale at $55,000 in Halstad MN 56548. At 20% down it rents for an estimated $850/mo and returns $464/mo a month at a 16.6% 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
$850/mo
Monthly cash flow
$464/mo
Cap rate
16.6%
Cash-on-cash
50.6%
Max offer
$55,000

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

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