For saleSingle family
$214,000
2007 2nd Ave SE
Austin MN 55912
4 beds, 2 baths, 1,946 sqft
2007 2nd Ave SE is a 4 beds, 2 baths, 1,946 sqft single family home for sale at $214,000 in Austin MN 55912. At 20% down it rents for an estimated $1,850/mo and returns $349/mo a month at a 8.5% 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
- $1,850/mo
- Monthly cash flow
- $349/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.8%
- Max offer
- $214,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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