For saleSingle family
$125,000
393 Paul Miller Ln NW
Bemidji MN 56601
3 beds, 2 baths, 1,344 sqft
393 Paul Miller Ln NW is a 3 beds, 2 baths, 1,344 sqft single family home for sale at $125,000 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
- $125,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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