For saleSingle family

$208,000

804 13th Ave SW

Austin MN 55912

3 beds, 2 baths, 2,020 sqft

804 13th Ave SW is a 3 beds, 2 baths, 2,020 sqft single family home for sale at $208,000 in Austin MN 55912. At 20% down it rents for an estimated $1,475/mo and returns -$10/mo a month at a 6.6% 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
$1,475/mo
Monthly cash flow
-$10/mo
Cap rate
6.6%
Cash-on-cash
-0.3%
Max offer
$174,000

Offer ≤ $174,000 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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