For saleSingle family

$194,000

201 Hillcrest Dr

Waterville MN 56096

3 beds, 1 bath, 2,634 sqft

201 Hillcrest Dr is a 3 beds, 1 bath, 2,634 sqft single family home for sale at $194,000 in Waterville MN 56096. At 20% down it rents for an estimated $2,000/mo and returns $639/mo a month at a 10.5% 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
$2,000/mo
Monthly cash flow
$639/mo
Cap rate
10.5%
Cash-on-cash
19.8%
Max offer
$194,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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