For saleSingle family
$222,500
530 9th St
Red Wing MN 55066
3 beds, 2 baths, 1,372 sqft
530 9th St is a 3 beds, 2 baths, 1,372 sqft single family home for sale at $222,500 in Red Wing MN 55066. At 20% down it rents for an estimated $1,925/mo and returns $364/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
- $1,925/mo
- Monthly cash flow
- $364/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.8%
- Max offer
- $222,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.