For saleSingle family
$89,000
755 West Ave
Red Wing MN 55066
1 bed, 1 bath, 668 sqft
755 West Ave is a 1 bed, 1 bath, 668 sqft single family home for sale at $89,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,150/mo and returns $515/mo a month at a 13.6% 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
- $1,150/mo
- Monthly cash flow
- $515/mo
- Cap rate
- 13.6%
- Cash-on-cash
- 34.7%
- Max offer
- $89,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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