For saleSingle family
$64,900
106 E Park Ave
Buffalo Lake MN 55332
3 beds, 1.5 baths, 1,516 sqft
106 E Park Ave is a 3 beds, 1.5 baths, 1,516 sqft single family home for sale at $64,900 in Buffalo Lake MN 55332. At 20% down it rents for an estimated $900/mo and returns $437/mo a month at a 14.7% 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
- $900/mo
- Monthly cash flow
- $437/mo
- Cap rate
- 14.7%
- Cash-on-cash
- 40.4%
- Max offer
- $64,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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