For saleSingle family
$119,900
1001 8th St SE
Austin MN 55912
2 beds, 1 bath, 1,168 sqft
1001 8th St SE is a 2 beds, 1 bath, 1,168 sqft single family home for sale at $119,900 in Austin MN 55912. At 20% down it rents for an estimated $1,050/mo and returns $194/mo a month at a 8.6% 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
- $1,050/mo
- Monthly cash flow
- $194/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.7%
- Max offer
- $119,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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