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 $1,375/mo and returns $618/mo a month at a 13.4% 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
$1,375/mo
Monthly cash flow
$618/mo
Cap rate
13.4%
Cash-on-cash
34.3%
Max offer
$108,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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