For saleTwin home
$199,500
1608 NE 4th St
Waseca MN 56093
2 beds, 2 baths, 1,280 sqft
1608 NE 4th St is a 2 beds, 2 baths, 1,280 sqft twin home home for sale at $199,500 in Waseca MN 56093. At 20% down it rents for an estimated $1,125/mo and returns -$299/mo a month at a 4.9% 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
- $1,125/mo
- Monthly cash flow
- -$299/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -9.0%
- Max offer
- $133,000
Offer ≤ $133,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading