For saleSingle family

$119,000

1311 5th St NW

Austin MN 55912

3 beds, 2 baths, 1,504 sqft

1311 5th St NW is a 3 beds, 2 baths, 1,504 sqft single family home for sale at $119,000 in Austin MN 55912. At 20% down it rents for an estimated $1,300/mo and returns $465/mo a month at a 11.2% 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
$1,300/mo
Monthly cash flow
$465/mo
Cap rate
11.2%
Cash-on-cash
23.5%
Max offer
$119,000

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

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