For saleSingle family
$219,900
151 9th Ave N
Waite Park MN 56387
4 beds, 2 baths, 1,848 sqft
151 9th Ave N is a 4 beds, 2 baths, 1,848 sqft single family home for sale at $219,900 in Waite Park MN 56387. At 20% down it rents for an estimated $2,200/mo and returns $630/mo a month at a 10.1% 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
- $2,200/mo
- Monthly cash flow
- $630/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.2%
- Max offer
- $219,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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