For saleSingle family
$169,900
707 3rd St SE
Bemidji MN 56601
2 beds, 2 baths, 1,052 sqft
707 3rd St SE is a 2 beds, 2 baths, 1,052 sqft single family home for sale at $169,900 in Bemidji MN 56601. At 20% down it rents for an estimated $1,200/mo and returns -$13/mo a month at a 6.6% 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
- $1,200/mo
- Monthly cash flow
- -$13/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.5%
- Max offer
- $141,500
Offer ≤ $141,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading