For saleSingle family
$89,900
227 4th Ave N
Waite Park MN 56387
2 beds, 1 bath, 855 sqft
227 4th Ave N is a 2 beds, 1 bath, 855 sqft single family home for sale at $89,900 in Waite Park MN 56387. At 20% down it rents for an estimated $1,150/mo and returns $508/mo a month at a 13.5% 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
- $1,150/mo
- Monthly cash flow
- $508/mo
- Cap rate
- 13.5%
- Cash-on-cash
- 33.9%
- Max offer
- $89,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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