For saleSingle family

$180,000

316 Paquin St W

Waterville MN 56096

2 beds, 1 bath, 1,050 sqft

316 Paquin St W is a 2 beds, 1 bath, 1,050 sqft single family home for sale at $180,000 in Waterville MN 56096. At 20% down it rents for an estimated $1,600/mo and returns $315/mo a month at a 8.8% 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
$1,600/mo
Monthly cash flow
$315/mo
Cap rate
8.8%
Cash-on-cash
10.5%
Max offer
$180,000

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

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