Pending saleSingle family
$149,900
511 Division St
Waterville MN 56096
2 beds, 1 bath, 1,816 sqft
511 Division St is a 2 beds, 1 bath, 1,816 sqft single family home pending sale at $149,900 in Waterville MN 56096. At 20% down it rents for an estimated $1,600/mo and returns $530/mo a month at a 10.9% 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
- $530/mo
- Cap rate
- 10.9%
- Cash-on-cash
- 21.2%
- Max offer
- $149,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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