For saleSingle family
$319,900
608 E 2nd St
Waconia MN 55387
3 beds, 2 baths, 1,212 sqft
608 E 2nd St is a 3 beds, 2 baths, 1,212 sqft single family home for sale at $319,900 in Waconia MN 55387. At 20% down it rents for an estimated $2,700/mo and returns $416/mo a month at a 8.2% 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
- $2,700/mo
- Monthly cash flow
- $416/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.8%
- Max offer
- $318,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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