For saleSingle family

$69,000

404 4th Ave SW

Austin MN 55912

2 beds, 3 baths, 1,040 sqft

404 4th Ave SW is a 2 beds, 3 baths, 1,040 sqft single family home for sale at $69,000 in Austin MN 55912. At 20% down it rents for an estimated $1,150/mo and returns $666/mo a month at a 18.1% 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
$1,150/mo
Monthly cash flow
$666/mo
Cap rate
18.1%
Cash-on-cash
57.9%
Max offer
$69,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.