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 $1,075/mo and returns $225/mo a month at a 8.9% 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
- $1,075/mo
- Monthly cash flow
- $225/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.4%
- Max offer
- $119,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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