For saleSingle family

$191,500

525 State Ave N

Thief River Falls MN 56701

3 beds, 1 bath, 1,125 sqft

525 State Ave N is a 3 beds, 1 bath, 1,125 sqft single family home for sale at $191,500 in Thief River Falls MN 56701. At 20% down it rents for an estimated $950/mo and returns -$417/mo a month at a 4.1% 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
-$417/mo
Cap rate
4.1%
Cash-on-cash
-13.1%
Max offer
$112,500

Offer ≤ $112,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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