For saleSingle family
$230,000
1659 Edgewood Rd
Winona MN 55987
4 beds, 2 baths, 1,614 sqft
1659 Edgewood Rd is a 4 beds, 2 baths, 1,614 sqft single family home for sale at $230,000 in Winona MN 55987. At 20% down it rents for an estimated $1,600/mo and returns -$42/mo a month at a 6.4% 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
- $1,600/mo
- Monthly cash flow
- -$42/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.1%
- Max offer
- $189,000
Offer ≤ $189,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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