For saleSingle family
$255,000
123 12th Ave N
Waite Park MN 56387
3 beds, 2 baths, 2,006 sqft
123 12th Ave N is a 3 beds, 2 baths, 2,006 sqft single family home for sale at $255,000 in Waite Park MN 56387. At 20% down it rents for an estimated $1,375/mo and returns -$445/mo a month at a 4.6% 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
- $1,375/mo
- Monthly cash flow
- -$445/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.5%
- Max offer
- $162,500
Offer ≤ $162,500 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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