For saleSingle family
$179,900
600 8th St SW
Austin MN 55912
4 beds, 1.5 baths, 1,468 sqft
600 8th St SW is a 4 beds, 1.5 baths, 1,468 sqft single family home for sale at $179,900 in Austin MN 55912. At 20% down it rents for an estimated $1,475/mo and returns $191/mo a month at a 7.9% 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
- $191/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.4%
- Max offer
- $174,000
Offer ≤ $174,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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