For saleSingle family
$145,000
414 W Main St
Waterville MN 56096
4 beds, 2 baths, 2,678 sqft
414 W Main St is a 4 beds, 2 baths, 2,678 sqft single family home for sale at $145,000 in Waterville MN 56096. At 20% down it rents for an estimated $1,975/mo and returns $940/mo a month at a 14.4% 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
- $1,975/mo
- Monthly cash flow
- $940/mo
- Cap rate
- 14.4%
- Cash-on-cash
- 38.9%
- Max offer
- $145,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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