For saleSingle family

$239,500

521 E 7th St

Red Wing MN 55066

4 beds, 1 bath, 1,596 sqft

521 E 7th St is a 4 beds, 1 bath, 1,596 sqft single family home for sale at $239,500 in Red Wing MN 55066. At 20% down it rents for an estimated $2,200/mo and returns $520/mo a month at a 9.1% 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
$2,200/mo
Monthly cash flow
$520/mo
Cap rate
9.1%
Cash-on-cash
13.0%
Max offer
$239,500

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

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