For saleSingle family

$209,900

213 N Cloquet Rd E

Esko MN 55810

2 beds, 1 bath, 912 sqft

213 N Cloquet Rd E is a 2 beds, 1 bath, 912 sqft single family home for sale at $209,900 in Esko MN 55810. At 20% down it rents for an estimated $1,500/mo and returns $2/mo a month at a 6.7% 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
$1,500/mo
Monthly cash flow
$2/mo
Cap rate
6.7%
Cash-on-cash
0.0%
Max offer
$177,000

Offer ≤ $177,000 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading