For saleSingle family
$184,500
605 5th Ave SW
Austin MN 55912
4 beds, 3 baths, 1,742 sqft
605 5th Ave SW is a 4 beds, 3 baths, 1,742 sqft single family home for sale at $184,500 in Austin MN 55912. At 20% down it rents for an estimated $1,475/mo and returns $158/mo a month at a 7.7% 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
- $1,475/mo
- Monthly cash flow
- $158/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.1%
- Max offer
- $174,000
Offer ≤ $174,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading