For saleSingle family
$73,500
313 State Ave N
Thief River Falls MN 56701
3 beds, 1 bath, 1,014 sqft
313 State Ave N is a 3 beds, 1 bath, 1,014 sqft single family home for sale at $73,500 in Thief River Falls MN 56701. At 20% down it rents for an estimated $950/mo and returns $425/mo a month at a 13.6% 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
- $425/mo
- Cap rate
- 13.6%
- Cash-on-cash
- 34.7%
- Max offer
- $73,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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