For saleSingle family
$329,900
618 N 1 St
Waterville MN 56096
3 beds, 2 baths, 2,672 sqft
618 N 1 St is a 3 beds, 2 baths, 2,672 sqft single family home for sale at $329,900 in Waterville MN 56096. At 20% down it rents for an estimated $1,800/mo and returns -$555/mo a month at a 4.6% 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
- $1,800/mo
- Monthly cash flow
- -$555/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.1%
- Max offer
- $213,000
Offer ≤ $213,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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