For saleSingle family

$224,900

1919 5th Ave SE

Austin MN 55912

3 beds, 2 baths, 1,914 sqft

1919 5th Ave SE is a 3 beds, 2 baths, 1,914 sqft single family home for sale at $224,900 in Austin MN 55912. At 20% down it rents for an estimated $1,275/mo and returns -$331/mo a month at a 4.9% 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
$1,275/mo
Monthly cash flow
-$331/mo
Cap rate
4.9%
Cash-on-cash
-8.8%
Max offer
$150,500

Offer ≤ $150,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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