For saleSingle family

$244,900

902 4th Ave SW

Austin MN 55912

4 beds, 2 baths, 2,248 sqft

902 4th Ave SW is a 4 beds, 2 baths, 2,248 sqft single family home for sale at $244,900 in Austin MN 55912. At 20% down it rents for an estimated $1,800/mo and returns $82/mo a month at a 6.9% 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
$1,800/mo
Monthly cash flow
$82/mo
Cap rate
6.9%
Cash-on-cash
2.0%
Max offer
$215,500

Offer ≤ $215,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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