For saleSingle family
$139,500
305 8th St NW
Austin MN 55912
3 beds, 2 baths, 1,332 sqft
305 8th St NW is a 3 beds, 2 baths, 1,332 sqft single family home for sale at $139,500 in Austin MN 55912. At 20% down it rents for an estimated $1,200/mo and returns $204/mo a month at a 8.4% 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
- $1,200/mo
- Monthly cash flow
- $204/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.8%
- Max offer
- $139,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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