For saleSingle family

$234,900

513 Red Wing Ave

Kenyon MN 55946

4 beds, 1 bath, 1,456 sqft

513 Red Wing Ave is a 4 beds, 1 bath, 1,456 sqft single family home for sale at $234,900 in Kenyon MN 55946. At 20% down it rents for an estimated $1,900/mo and returns $252/mo a month at a 7.8% 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
$1,900/mo
Monthly cash flow
$252/mo
Cap rate
7.8%
Cash-on-cash
6.4%
Max offer
$227,500

Offer ≤ $227,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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