For saleSingle family
$465,000
4520 Cherry Ln NE
Bemidji MN 56601
4 beds, 4 baths, 3,195 sqft
4520 Cherry Ln NE is a 4 beds, 4 baths, 3,195 sqft single family home for sale at $465,000 in Bemidji MN 56601. At 20% down it rents for an estimated $1,750/mo and returns -$1,570/mo a month at a 2.6% 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
- $1,750/mo
- Monthly cash flow
- -$1,570/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.3%
- Max offer
- $208,000
Offer ≤ $208,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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