For saleSingle family
$275,000
142 Red Wing Ave S
Red Wing MN 55066
4 beds, 2 baths, 1,564 sqft
142 Red Wing Ave S is a 4 beds, 2 baths, 1,564 sqft single family home for sale at $275,000 in Red Wing MN 55066. At 20% down it rents for an estimated $2,350/mo and returns $387/mo a month at a 8.4% 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
- $2,350/mo
- Monthly cash flow
- $387/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.4%
- Max offer
- $275,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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