For saleSingle family
$210,000
1515 2nd St N
Saint Cloud MN 56303
4 beds, 2 baths, 1,656 sqft
1515 2nd St N is a 4 beds, 2 baths, 1,656 sqft single family home for sale at $210,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $1,500/mo and returns $27/mo a month at a 6.7% 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
- $1,500/mo
- Monthly cash flow
- $27/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.8%
- Max offer
- $179,500
Offer ≤ $179,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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