For saleSingle family

$129,900

216 6th St W

Thief River Falls MN 56701

4 beds, 3 baths, 1,688 sqft

216 6th St W is a 4 beds, 3 baths, 1,688 sqft single family home for sale at $129,900 in Thief River Falls MN 56701. At 20% down it rents for an estimated $1,000/mo and returns $89/mo a month at a 7.3% 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
$1,000/mo
Monthly cash flow
$89/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$119,500

Offer ≤ $119,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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