For saleSingle family
$108,000
801 Irvine Ave NW
Bemidji MN 56601
2 beds, 1 bath, 2,040 sqft
801 Irvine Ave NW is a 2 beds, 1 bath, 2,040 sqft single family home for sale at $108,000 in Bemidji MN 56601. At 20% down it rents for an estimated $1,325/mo and returns $554/mo a month at a 12.8% 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
- $1,325/mo
- Monthly cash flow
- $554/mo
- Cap rate
- 12.8%
- Cash-on-cash
- 30.8%
- Max offer
- $108,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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