For saleSingle family
$285,000
149 2nd St N
Waite Park MN 56387
4 beds, 2 baths, 1,728 sqft
149 2nd St N is a 4 beds, 2 baths, 1,728 sqft single family home for sale at $285,000 in Waite Park MN 56387. At 20% down it rents for an estimated $1,600/mo and returns -$435/mo a month at a 4.8% 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
- $1,600/mo
- Monthly cash flow
- -$435/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.1%
- Max offer
- $189,000
Offer ≤ $189,000 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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