For saleSingle family
$84,900
1108 11th St NW
Austin MN 55912
1 bed, 2 baths, 440 sqft
1108 11th St NW is a 1 bed, 2 baths, 440 sqft single family home for sale at $84,900 in Austin MN 55912. At 20% down it rents for an estimated $875/mo and returns $269/mo a month at a 10.5% 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
- $875/mo
- Monthly cash flow
- $269/mo
- Cap rate
- 10.5%
- Cash-on-cash
- 19.0%
- Max offer
- $84,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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