For saleSingle family
$234,900
2011 6th Ave SE
Austin MN 55912
4 beds, 3 baths, 1,863 sqft
2011 6th Ave SE is a 4 beds, 3 baths, 1,863 sqft single family home for sale at $234,900 in Austin MN 55912. At 20% down it rents for an estimated $1,850/mo and returns $202/mo a month at a 7.6% 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
- $1,850/mo
- Monthly cash flow
- $202/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 5.2%
- Max offer
- $221,500
Offer ≤ $221,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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