For saleSingle family
$158,500
806 6th Ave NW
Austin MN 55912
2 beds, 1 bath, 1,180 sqft
806 6th Ave NW is a 2 beds, 1 bath, 1,180 sqft single family home for sale at $158,500 in Austin MN 55912. At 20% down it rents for an estimated $950/mo and returns -$181/mo a month at a 5.3% 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
- $950/mo
- Monthly cash flow
- -$181/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -6.9%
- Max offer
- $112,000
Offer ≤ $112,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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