For saleSingle family

$419,900

1600 26th St SW

Austin MN 55912

5 beds, 3 baths, 3,261 sqft

1600 26th St SW is a 5 beds, 3 baths, 3,261 sqft single family home for sale at $419,900 in Austin MN 55912. At 20% down it rents for an estimated $1,650/mo and returns -$1,348/mo a month at a 2.8% 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
$1,650/mo
Monthly cash flow
-$1,348/mo
Cap rate
2.8%
Cash-on-cash
-19.3%
Max offer
$196,000

Offer ≤ $196,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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