For saleSingle family

$219,000

1404 Beltrami Ave NW

Bemidji MN 56601

4 beds, 2 baths, 2,338 sqft

1404 Beltrami Ave NW is a 4 beds, 2 baths, 2,338 sqft single family home for sale at $219,000 in Bemidji MN 56601. At 20% down it rents for an estimated $1,650/mo and returns $114/mo a month at a 7.1% 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
$1,650/mo
Monthly cash flow
$114/mo
Cap rate
7.1%
Cash-on-cash
3.1%
Max offer
$197,500

Offer ≤ $197,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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