For saleSingle family
$124,900
604 Lincoln Ave SE
Bemidji MN 56601
3 beds, 1 bath, 1,364 sqft
604 Lincoln Ave SE is a 3 beds, 1 bath, 1,364 sqft single family home for sale at $124,900 in Bemidji MN 56601. At 20% down it rents for an estimated $1,550/mo and returns $658/mo a month at a 13.0% 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
- $1,550/mo
- Monthly cash flow
- $658/mo
- Cap rate
- 13.0%
- Cash-on-cash
- 31.6%
- Max offer
- $124,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading