For saleSingle family

$134,000

315 Hoosac St E

Waterville MN 56096

3 beds, 1 bath, 700 sqft

315 Hoosac St E is a 3 beds, 1 bath, 700 sqft single family home for sale at $134,000 in Waterville MN 56096. At 20% down it rents for an estimated $1,800/mo and returns $843/mo a month at a 14.2% 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
$1,800/mo
Monthly cash flow
$843/mo
Cap rate
14.2%
Cash-on-cash
37.8%
Max offer
$134,000

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

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