For saleSingle family

$124,900

521 Green Ave

Albert Lea MN 56007

3 beds, 2 baths, 1,232 sqft

521 Green Ave is a 3 beds, 2 baths, 1,232 sqft single family home for sale at $124,900 in Albert Lea MN 56007. At 20% down it rents for an estimated $1,225/mo and returns $349/mo a month at a 9.9% 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
$1,225/mo
Monthly cash flow
$349/mo
Cap rate
9.9%
Cash-on-cash
16.8%
Max offer
$124,900

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

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