For saleSingle family
$109,900
320 Red Lake Blvd
Thief River Falls MN 56701
2 beds, 1 bath, 924 sqft
320 Red Lake Blvd is a 2 beds, 1 bath, 924 sqft single family home for sale at $109,900 in Thief River Falls MN 56701. At 20% down it rents for an estimated $850/mo and returns $65/mo a month at a 7.4% 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
- $65/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.6%
- Max offer
- $100,000
Offer ≤ $100,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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