For saleSingle family

$59,000

750 Greenwood Ave

Tracy MN 56175

3 beds, 1 bath, 1,472 sqft

750 Greenwood Ave is a 3 beds, 1 bath, 1,472 sqft single family home for sale at $59,000 in Tracy MN 56175. At 20% down it rents for an estimated $950/mo and returns $536/mo a month at a 17.4% 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
$950/mo
Monthly cash flow
$536/mo
Cap rate
17.4%
Cash-on-cash
54.5%
Max offer
$59,000

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

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