For saleSingle family

$210,000

150 7th Ave N

Waite Park MN 56387

4 beds, 2 baths, 1,662 sqft

150 7th Ave N is a 4 beds, 2 baths, 1,662 sqft single family home for sale at $210,000 in Waite Park MN 56387. At 20% down it rents for an estimated $2,200/mo and returns $701/mo a month at a 10.7% 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
$2,200/mo
Monthly cash flow
$701/mo
Cap rate
10.7%
Cash-on-cash
20.0%
Max offer
$210,000

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

Loading