For saleSingle family
$280,000
2820 Bixby Ave NE
Bemidji MN 56601
5 beds, 2.5 baths, 2,906 sqft
2820 Bixby Ave NE is a 5 beds, 2.5 baths, 2,906 sqft single family home for sale at $280,000 in Bemidji MN 56601. At 20% down it rents for an estimated $2,100/mo and returns $136/mo a month at a 7.1% 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
- $2,100/mo
- Monthly cash flow
- $136/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.9%
- Max offer
- $251,500
Offer ≤ $251,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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