For saleSingle family
$85,900
214 2nd Ave NW
Chisholm MN 55719
2 beds, 1 bath, 735 sqft
214 2nd Ave NW is a 2 beds, 1 bath, 735 sqft single family home for sale at $85,900 in Chisholm MN 55719. At 20% down it rents for an estimated $1,025/mo and returns $412/mo a month at a 12.4% 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
- $1,025/mo
- Monthly cash flow
- $412/mo
- Cap rate
- 12.4%
- Cash-on-cash
- 28.8%
- Max offer
- $85,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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