For saleSingle family

$154,900

1704 1st Ave NE

Austin MN 55912

3 beds, 2 baths, 1,134 sqft

1704 1st Ave NE is a 3 beds, 2 baths, 1,134 sqft single family home for sale at $154,900 in Austin MN 55912. At 20% down it rents for an estimated $1,400/mo and returns $314/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
$1,400/mo
Monthly cash flow
$314/mo
Cap rate
8.9%
Cash-on-cash
12.1%
Max offer
$154,900

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

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