For saleSingle family
$99,900
216 Cleveland Ave W
Winnebago MN 56098
5 beds, 2.5 baths, 3,606 sqft
216 Cleveland Ave W is a 5 beds, 2.5 baths, 3,606 sqft single family home for sale at $99,900 in Winnebago MN 56098. At 20% down it rents for an estimated $1,150/mo and returns $437/mo a month at a 11.9% 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
- $1,150/mo
- Monthly cash flow
- $437/mo
- Cap rate
- 11.9%
- Cash-on-cash
- 26.2%
- Max offer
- $99,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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