For saleSingle family
$199,000
324 11th Ave SW
Cambridge MN 55008
6 beds, 3 baths, 1,500 sqft
324 11th Ave SW is a 6 beds, 3 baths, 1,500 sqft single family home for sale at $199,000 in Cambridge MN 55008. At 20% down it rents for an estimated $3,125/mo and returns $1,704/mo a month at a 16.9% 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
- $3,125/mo
- Monthly cash flow
- $1,704/mo
- Cap rate
- 16.9%
- Cash-on-cash
- 51.4%
- Max offer
- $199,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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