For saleSingle family

$206,900

16 9 1/2 St NE

Chisholm MN 55719

2 beds, 1 bath, 1,246 sqft

16 9 1/2 St NE is a 2 beds, 1 bath, 1,246 sqft single family home for sale at $206,900 in Chisholm MN 55719. At 20% down it rents for an estimated $1,025/mo and returns -$452/mo a month at a 4.0% 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
$1,025/mo
Monthly cash flow
-$452/mo
Cap rate
4.0%
Cash-on-cash
-13.1%
Max offer
$121,500

Offer ≤ $121,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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