For saleSingle family
$60,000
1537 11th Ave SE
Saint Cloud MN 56304
1,180 sqft
1537 11th Ave SE is a 1,180 sqft single family home for sale at $60,000 in Saint Cloud MN 56304. At 20% down it rents for an estimated $575/mo and returns $154/mo a month at a 9.6% 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
- $575/mo
- Monthly cash flow
- $154/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 15.4%
- Max offer
- $60,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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