For saleSingle family

$185,000

1715 Old W Main St

Red Wing MN 55066

3 beds, 2 baths, 1,365 sqft

1715 Old W Main St is a 3 beds, 2 baths, 1,365 sqft single family home for sale at $185,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,675/mo and returns $377/mo a month at a 9.0% 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
$1,675/mo
Monthly cash flow
$377/mo
Cap rate
9.0%
Cash-on-cash
12.2%
Max offer
$185,000

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

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