For saleTownhouse
$149,900
1513 5th Ave NW
Austin MN 55912
2 beds, 2 baths, 1,056 sqft
1513 5th Ave NW is a 2 beds, 2 baths, 1,056 sqft townhouse home for sale at $149,900 in Austin MN 55912. At 20% down it rents for an estimated $950/mo and returns -$336/mo a month at a 4.0% 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
- $950/mo
- Monthly cash flow
- -$336/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.5%
- Max offer
- $83,000
Offer ≤ $83,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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