Pending saleSingle family
$314,900
716 W River St
Waterville MN 56096
4 beds, 3 baths, 2,800 sqft
716 W River St is a 4 beds, 3 baths, 2,800 sqft single family home pending sale at $314,900 in Waterville MN 56096. At 20% down it rents for an estimated $1,975/mo and returns -$273/mo a month at a 5.6% 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
- -$273/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.2%
- Max offer
- $233,500
Offer ≤ $233,500 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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