For saleSingle family

$279,900

439 11th St SE

Waseca MN 56093

2 beds, 1 bath, 1,244 sqft

439 11th St SE is a 2 beds, 1 bath, 1,244 sqft single family home for sale at $279,900 in Waseca MN 56093. At 20% down it rents for an estimated $1,125/mo and returns -$873/mo a month at a 2.9% 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
$1,125/mo
Monthly cash flow
-$873/mo
Cap rate
2.9%
Cash-on-cash
-18.7%
Max offer
$133,500

Offer ≤ $133,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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