For saleSingle family
$119,700
217 NW 3rd Ave
Chisholm MN 55719
3 beds, 1.5 baths, 1,605 sqft
217 NW 3rd Ave is a 3 beds, 1.5 baths, 1,605 sqft single family home for sale at $119,700 in Chisholm MN 55719. At 20% down it rents for an estimated $1,400/mo and returns $545/mo a month at a 12.1% 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
- $1,400/mo
- Monthly cash flow
- $545/mo
- Cap rate
- 12.1%
- Cash-on-cash
- 27.3%
- Max offer
- $119,700
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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