For saleSingle family

$145,000

109 Kneale Ave S

Thief River Falls MN 56701

2 beds, 1 bath, 1,235 sqft

109 Kneale Ave S is a 2 beds, 1 bath, 1,235 sqft single family home for sale at $145,000 in Thief River Falls MN 56701. At 20% down it rents for an estimated $850/mo and returns -$185/mo a month at a 5.1% 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
$850/mo
Monthly cash flow
-$185/mo
Cap rate
5.1%
Cash-on-cash
-7.7%
Max offer
$100,500

Offer ≤ $100,500 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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