For saleSingle family
$62,700
4808 132nd Ave NE Unit 6
Spicer MN 56288
1 bed, 1 bath, 459 sqft
4808 132nd Ave NE Unit 6 is a 1 bed, 1 bath, 459 sqft single family home for sale at $62,700 in Spicer MN 56288. At 20% down it rents for an estimated $975/mo and returns $535/mo a month at a 16.8% 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
- $975/mo
- Monthly cash flow
- $535/mo
- Cap rate
- 16.8%
- Cash-on-cash
- 51.2%
- Max offer
- $62,700
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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