For saleSingle family
$124,500
1204 2nd Ave NW
Austin MN 55912
3 beds, 1 bath, 1,232 sqft
1204 2nd Ave NW is a 3 beds, 1 bath, 1,232 sqft single family home for sale at $124,500 in Austin MN 55912. At 20% down it rents for an estimated $1,200/mo and returns $311/mo a month at a 9.7% 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
- $1,200/mo
- Monthly cash flow
- $311/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.0%
- Max offer
- $124,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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