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 $1,050/mo and returns $123/mo a month at a 7.8% 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
- $1,050/mo
- Monthly cash flow
- $123/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $123,500
Offer ≤ $123,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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