For saleSingle family

$189,000

820 Mississippi Ave NW

Bemidji MN 56601

4 beds, 1 bath, 1,184 sqft

820 Mississippi Ave NW is a 4 beds, 1 bath, 1,184 sqft single family home for sale at $189,000 in Bemidji MN 56601. At 20% down it rents for an estimated $1,650/mo and returns $324/mo a month at a 8.6% 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
$324/mo
Cap rate
8.6%
Cash-on-cash
10.3%
Max offer
$189,000

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

Loading listing…

Fetching the market snapshot.