For saleSingle family
$210,000
2904 11th St NE
Austin MN 55912
4 beds, 2 baths, 1,736 sqft
2904 11th St NE is a 4 beds, 2 baths, 1,736 sqft single family home for sale at $210,000 in Austin MN 55912. At 20% down it rents for an estimated $1,475/mo and returns -$24/mo a month at a 6.5% 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
- $1,475/mo
- Monthly cash flow
- -$24/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.7%
- Max offer
- $174,000
Offer ≤ $174,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading