For saleSingle family

$179,900

220 Green St W

Waterville MN 56096

2 beds, 2 baths, 1,175 sqft

220 Green St W is a 2 beds, 2 baths, 1,175 sqft single family home for sale at $179,900 in Waterville MN 56096. At 20% down it rents for an estimated $1,450/mo and returns $188/mo a month at a 7.8% 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
$1,450/mo
Monthly cash flow
$188/mo
Cap rate
7.8%
Cash-on-cash
6.3%
Max offer
$173,500

Offer ≤ $173,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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