For saleSingle family
$269,000
204 8th Ave N
Saint James MN 56081
3 beds, 2 baths, 2,663 sqft
204 8th Ave N is a 3 beds, 2 baths, 2,663 sqft single family home for sale at $269,000 in Saint James MN 56081. At 20% down it rents for an estimated $850/mo and returns -$1,070/mo a month at a 1.9% 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
- $850/mo
- Monthly cash flow
- -$1,070/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -23.9%
- Max offer
- $101,000
Offer ≤ $101,000 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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