For saleSingle family
$89,900
404 Wilson Ave SE
Bemidji MN 56601
1 bed, 1 bath, 500 sqft
404 Wilson Ave SE is a 1 bed, 1 bath, 500 sqft single family home for sale at $89,900 in Bemidji MN 56601. At 20% down it rents for an estimated $1,200/mo and returns $558/mo a month at a 14.1% 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
- $1,200/mo
- Monthly cash flow
- $558/mo
- Cap rate
- 14.1%
- Cash-on-cash
- 37.3%
- Max offer
- $89,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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