For saleSingle family
$144,900
408 Main Ave N
Thief River Falls MN 56701
2 beds, 1.5 baths, 1,232 sqft
408 Main Ave N is a 2 beds, 1.5 baths, 1,232 sqft single family home for sale at $144,900 in Thief River Falls MN 56701. At 20% down it rents for an estimated $850/mo and returns -$184/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
- -$184/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.6%
- Max offer
- $100,500
Offer ≤ $100,500 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading