For saleSingle family

$299,500

9801 Wildwood Rd NE

Bemidji MN 56601

2 beds, 2 baths, 2,384 sqft

9801 Wildwood Rd NE is a 2 beds, 2 baths, 2,384 sqft single family home for sale at $299,500 in Bemidji MN 56601. At 20% down it rents for an estimated $1,050/mo and returns -$1,088/mo a month at a 2.3% 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
$1,050/mo
Monthly cash flow
-$1,088/mo
Cap rate
2.3%
Cash-on-cash
-21.8%
Max offer
$125,000

Offer ≤ $125,000 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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