For saleSingle family

$105,999

611 14th St NW

Austin MN 55912

2 beds, 1 bath, 1,082 sqft

611 14th St NW is a 2 beds, 1 bath, 1,082 sqft single family home for sale at $105,999 in Austin MN 55912. At 20% down it rents for an estimated $950/mo and returns $193/mo a month at a 8.9% 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
$950/mo
Monthly cash flow
$193/mo
Cap rate
8.9%
Cash-on-cash
10.9%
Max offer
$105,999

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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