For saleSingle family
$160,000
1006 6th Ave NW
Austin MN 55912
3 beds, 2 baths, 1,540 sqft
1006 6th Ave NW is a 3 beds, 2 baths, 1,540 sqft single family home for sale at $160,000 in Austin MN 55912. At 20% down it rents for an estimated $1,300/mo and returns $178/mo a month at a 7.8% 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
- $1,300/mo
- Monthly cash flow
- $178/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.7%
- Max offer
- $155,500
Offer ≤ $155,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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