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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