For saleSingle family

$65,000

611 13th St NE

Austin MN 55912

2 beds, 1 bath, 919 sqft

611 13th St NE is a 2 beds, 1 bath, 919 sqft single family home for sale at $65,000 in Austin MN 55912. At 20% down it rents for an estimated $1,250/mo and returns $794/mo a month at a 21.2% 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
$1,250/mo
Monthly cash flow
$794/mo
Cap rate
21.2%
Cash-on-cash
73.3%
Max offer
$65,000

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

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