For saleSingle family
$164,500
808 6th Ave NE
Austin MN 55912
4 beds, 3 baths, 2,089 sqft
808 6th Ave NE is a 4 beds, 3 baths, 2,089 sqft single family home for sale at $164,500 in Austin MN 55912. At 20% down it rents for an estimated $1,475/mo and returns $301/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
- $1,475/mo
- Monthly cash flow
- $301/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.0%
- Max offer
- $164,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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