For saleSingle family
$379,900
2422 Sumac Rd NE
Bemidji MN 56601
2 beds, 1 bath, 1,879 sqft
2422 Sumac Rd NE is a 2 beds, 1 bath, 1,879 sqft single family home for sale at $379,900 in Bemidji MN 56601. At 20% down it rents for an estimated $1,050/mo and returns -$1,662/mo a month at a 1.4% 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
- -$1,662/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.2%
- Max offer
- $125,500
Offer ≤ $125,500 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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