For saleSingle family
$449,900
945 Reed St N
Waterville MN 56096
4 beds, 2 baths, 1,179 sqft
945 Reed St N is a 4 beds, 2 baths, 1,179 sqft single family home for sale at $449,900 in Waterville MN 56096. At 20% down it rents for an estimated $1,975/mo and returns -$1,237/mo a month at a 3.4% 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
- $1,975/mo
- Monthly cash flow
- -$1,237/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.5%
- Max offer
- $234,500
Offer ≤ $234,500 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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