For saleSingle family
$88,000
906 Irvine Ave NW
Bemidji MN 56601
2 beds, 2 baths, 1,458 sqft
906 Irvine Ave NW is a 2 beds, 2 baths, 1,458 sqft single family home for sale at $88,000 in Bemidji MN 56601. At 20% down it rents for an estimated $1,325/mo and returns $697/mo a month at a 16.2% 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
- $1,325/mo
- Monthly cash flow
- $697/mo
- Cap rate
- 16.2%
- Cash-on-cash
- 47.5%
- Max offer
- $88,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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