For saleSingle family
$199,900
1903 3rd Ave SE
Austin MN 55912
3 beds, 1 bath, 1,008 sqft
1903 3rd Ave SE is a 3 beds, 1 bath, 1,008 sqft single family home for sale at $199,900 in Austin MN 55912. At 20% down it rents for an estimated $1,275/mo and returns -$152/mo a month at a 5.8% 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
- $1,275/mo
- Monthly cash flow
- -$152/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.6%
- Max offer
- $150,500
Offer ≤ $150,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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