For saleSingle family
$148,500
604 22nd Ave NW
Austin MN 55912
2 beds, 1 bath, 1,040 sqft
604 22nd Ave NW is a 2 beds, 1 bath, 1,040 sqft single family home for sale at $148,500 in Austin MN 55912. At 20% down it rents for an estimated $1,150/mo and returns $108/mo a month at a 7.4% 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
- $1,150/mo
- Monthly cash flow
- $108/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.4%
- Max offer
- $137,500
Offer ≤ $137,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.