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 $1,100/mo and returns $469/mo a month at a 12.8% 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
$1,100/mo
Monthly cash flow
$469/mo
Cap rate
12.8%
Cash-on-cash
31.3%
Max offer
$89,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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