For saleSingle family
$68,000
114 Park Ave SW
Remer MN 56672
1 bed, 1 bath, 1,000 sqft
114 Park Ave SW is a 1 bed, 1 bath, 1,000 sqft single family home for sale at $68,000 in Remer MN 56672. At 20% down it rents for an estimated $725/mo and returns $248/mo a month at a 10.9% 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
- $725/mo
- Monthly cash flow
- $248/mo
- Cap rate
- 10.9%
- Cash-on-cash
- 21.9%
- Max offer
- $68,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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