For saleSingle family
$280,000
330 Lake St W
Waterville MN 56096
5 beds, 2 baths, 1,730 sqft
330 Lake St W is a 5 beds, 2 baths, 1,730 sqft single family home for sale at $280,000 in Waterville MN 56096. At 20% down it rents for an estimated $2,175/mo and returns $176/mo a month at a 7.4% 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
- $2,175/mo
- Monthly cash flow
- $176/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.8%
- Max offer
- $256,500
Offer ≤ $256,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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