For saleSingle family
$258,000
32 2nd St N
Waite Park MN 56387
3 beds, 2 baths, 1,872 sqft
32 2nd St N is a 3 beds, 2 baths, 1,872 sqft single family home for sale at $258,000 in Waite Park MN 56387. At 20% down it rents for an estimated $1,150/mo and returns -$692/mo a month at a 3.4% 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
- -$692/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.1%
- Max offer
- $136,500
Offer ≤ $136,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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