For saleSingle family
$320,000
313 and 315 W 3rd Ave S
Ada MN 56510
6 beds, 6 baths, 2,560 sqft
313 and 315 W 3rd Ave S is a 6 beds, 6 baths, 2,560 sqft single family home for sale at $320,000 in Ada MN 56510. At 20% down it rents for an estimated $2,800/mo and returns $556/mo a month at a 8.6% 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
- $2,800/mo
- Monthly cash flow
- $556/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 10.4%
- Max offer
- $320,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.