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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