For saleSingle family
$210,000
16636 Shady Oak Ln
Waterville MN 56096
1 bed, 1 bath, 661 sqft
16636 Shady Oak Ln is a 1 bed, 1 bath, 661 sqft single family home for sale at $210,000 in Waterville MN 56096. At 20% down it rents for an estimated $1,400/mo and returns -$99/mo a month at a 6.1% 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
- $1,400/mo
- Monthly cash flow
- -$99/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -2.8%
- Max offer
- $165,500
Offer ≤ $165,500 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading