For saleSingle family
$179,000
507 Scott Ave SE
Bemidji MN 56601
3 beds, 2 baths, 2,366 sqft
507 Scott Ave SE is a 3 beds, 2 baths, 2,366 sqft single family home for sale at $179,000 in Bemidji MN 56601. At 20% down it rents for an estimated $1,550/mo and returns $272/mo a month at a 8.5% 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
- $272/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.1%
- Max offer
- $179,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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