For saleSingle family
$179,900
1115 Minnesota Ave NW
Bemidji MN 56601
4 beds, 1 bath, 1,520 sqft
1115 Minnesota Ave NW is a 4 beds, 1 bath, 1,520 sqft single family home for sale at $179,900 in Bemidji MN 56601. At 20% down it rents for an estimated $1,750/mo and returns $466/mo a month at a 9.8% 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
- $1,750/mo
- Monthly cash flow
- $466/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.5%
- Max offer
- $179,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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