For saleSingle family

$49,900

808 5th Ave NE

Austin MN 55912

2 beds, 1 bath, 927 sqft

808 5th Ave NE is a 2 beds, 1 bath, 927 sqft single family home for sale at $49,900 in Austin MN 55912. At 20% down it rents for an estimated $1,150/mo and returns $800/mo a month at a 25.8% 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
$1,150/mo
Monthly cash flow
$800/mo
Cap rate
25.8%
Cash-on-cash
96.2%
Max offer
$49,900

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

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