For saleSingle family
$600,000
3074 St Paul Rd
Owatonna MN 55060
4 beds, 2 baths, 2,635 sqft
3074 St Paul Rd is a 4 beds, 2 baths, 2,635 sqft single family home for sale at $600,000 in Owatonna MN 55060. At 20% down it rents for an estimated $1,800/mo and returns -$2,483/mo a month at a 1.7% 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
- $1,800/mo
- Monthly cash flow
- -$2,483/mo
- Cap rate
- 1.7%
- Cash-on-cash
- -24.8%
- Max offer
- $214,500
Offer ≤ $214,500 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading