For saleSingle family
$450,000
1217 Taft St E
Thief River Falls MN 56701
3 beds, 2 baths, 3,014 sqft
1217 Taft St E is a 3 beds, 2 baths, 3,014 sqft single family home for sale at $450,000 in Thief River Falls MN 56701. At 20% down it rents for an estimated $950/mo and returns -$2,262/mo a month at a 0.6% 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
- $950/mo
- Monthly cash flow
- -$2,262/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.2%
- Max offer
- $114,000
Offer ≤ $114,000 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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