For saleSingle family
$225,000
621 East Ave
Red Wing MN 55066
3 beds, 2.5 baths, 2,364 sqft
621 East Ave is a 3 beds, 2.5 baths, 2,364 sqft single family home for sale at $225,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,925/mo and returns $347/mo a month at a 8.4% 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
- $1,925/mo
- Monthly cash flow
- $347/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.3%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.