For saleSingle family

$260,000

815 333rd Ave NE

Cambridge MN 55008

3 beds, 2 baths, 1,529 sqft

815 333rd Ave NE is a 3 beds, 2 baths, 1,529 sqft single family home for sale at $260,000 in Cambridge MN 55008. At 20% down it rents for an estimated $2,000/mo and returns $176/mo a month at a 7.3% 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
$176/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$239,500

Offer ≤ $239,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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