For saleSingle family

$199,000

1632 6th Ave N

Windom MN 56101

3 beds, 2 baths, 1,558 sqft

1632 6th Ave N is a 3 beds, 2 baths, 1,558 sqft single family home for sale at $199,000 in Windom MN 56101. At 20% down it rents for an estimated $875/mo and returns -$546/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
$875/mo
Monthly cash flow
-$546/mo
Cap rate
3.4%
Cash-on-cash
-16.5%
Max offer
$103,500

Offer ≤ $103,500 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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