For saleSingle family
$185,000
1100 Roosevelt Rd SE
Bemidji MN 56601
6 beds, 3 baths, 1,760 sqft
1100 Roosevelt Rd SE is a 6 beds, 3 baths, 1,760 sqft single family home for sale at $185,000 in Bemidji MN 56601. At 20% down it rents for an estimated $1,975/mo and returns $654/mo a month at a 10.9% 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
- $1,975/mo
- Monthly cash flow
- $654/mo
- Cap rate
- 10.9%
- Cash-on-cash
- 21.2%
- Max offer
- $185,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading