For saleSingle family
$595,000
4006 Saari Rd
Hibbing MN 55746
4 beds, 3 baths, 2,736 sqft
4006 Saari Rd is a 4 beds, 3 baths, 2,736 sqft single family home for sale at $595,000 in Hibbing MN 55746. At 20% down it rents for an estimated $1,375/mo and returns -$2,873/mo a month at a 0.9% 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
- $1,375/mo
- Monthly cash flow
- -$2,873/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -29.0%
- Max offer
- $165,000
Offer ≤ $165,000 (72% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading