For saleSingle family

$49,900

309 4th St W

Thief River Falls MN 56701

3 beds, 1 bath, 1,344 sqft

309 4th St W is a 3 beds, 1 bath, 1,344 sqft single family home for sale at $49,900 in Thief River Falls MN 56701. At 20% down it rents for an estimated $850/mo and returns $500/mo a month at a 18.5% 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
$500/mo
Cap rate
18.5%
Cash-on-cash
60.1%
Max offer
$49,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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