For saleSingle family

$74,000

1710 E Oakland Ave

Austin MN 55912

3 beds, 1 bath, 1,124 sqft

1710 E Oakland Ave is a 3 beds, 1 bath, 1,124 sqft single family home for sale at $74,000 in Austin MN 55912. At 20% down it rents for an estimated $1,275/mo and returns $747/mo a month at a 18.8% 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
$1,275/mo
Monthly cash flow
$747/mo
Cap rate
18.8%
Cash-on-cash
60.5%
Max offer
$74,000

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

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