For saleSingle family
$299,900
801 12th Ave
Two Harbors MN 55616
4 beds, 2 baths, 1,522 sqft
801 12th Ave is a 4 beds, 2 baths, 1,522 sqft single family home for sale at $299,900 in Two Harbors MN 55616. At 20% down it rents for an estimated $1,250/mo and returns -$891/mo a month at a 3.1% 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
- $1,250/mo
- Monthly cash flow
- -$891/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.8%
- Max offer
- $148,500
Offer ≤ $148,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading