For saleSingle family

$159,900

420 Main St W

Waterville MN 56096

3 beds, 1.5 baths, 1,528 sqft

420 Main St W is a 3 beds, 1.5 baths, 1,528 sqft single family home for sale at $159,900 in Waterville MN 56096. At 20% down it rents for an estimated $2,000/mo and returns $879/mo a month at a 13.1% 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
$2,000/mo
Monthly cash flow
$879/mo
Cap rate
13.1%
Cash-on-cash
33.0%
Max offer
$159,900

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

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