For saleSingle family
$124,900
706 8th St SW
Austin MN 55912
2 beds, 2 baths, 1,095 sqft
706 8th St SW is a 2 beds, 2 baths, 1,095 sqft single family home for sale at $124,900 in Austin MN 55912. At 20% down it rents for an estimated $975/mo and returns $83/mo a month at a 7.5% 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
- $975/mo
- Monthly cash flow
- $83/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $115,000
Offer ≤ $115,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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