For saleSingle family
$229,900
418 8th St
Red Wing MN 55066
4 beds, 1.5 baths, 1,430 sqft
418 8th St is a 4 beds, 1.5 baths, 1,430 sqft single family home for sale at $229,900 in Red Wing MN 55066. At 20% down it rents for an estimated $2,350/mo and returns $709/mo a month at a 10.4% 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
- $709/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 18.5%
- Max offer
- $229,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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