For saleSingle family
$169,900
203 Mississippi Ave SW
Bemidji MN 56601
3 beds, 1 bath, 1,012 sqft
203 Mississippi Ave SW is a 3 beds, 1 bath, 1,012 sqft single family home for sale at $169,900 in Bemidji MN 56601. At 20% down it rents for an estimated $1,550/mo and returns $337/mo a month at a 9.0% 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
- $337/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.9%
- Max offer
- $169,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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