For saleSingle family
$155,000
114 6th Ave NW
Waseca MN 56093
4 beds, 3 baths, 2,520 sqft
114 6th Ave NW is a 4 beds, 3 baths, 2,520 sqft single family home for sale at $155,000 in Waseca MN 56093. At 20% down it rents for an estimated $1,350/mo and returns $243/mo a month at a 8.6% 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
- $1,350/mo
- Monthly cash flow
- $243/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.4%
- Max offer
- $155,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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