For saleSingle family
$151,000
56 McKinley Pl N
Saint Cloud MN 56303
3 beds, 2 baths, 1,104 sqft
56 McKinley Pl N is a 3 beds, 2 baths, 1,104 sqft single family home for sale at $151,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $1,300/mo and returns $222/mo a month at a 8.4% 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
- $1,300/mo
- Monthly cash flow
- $222/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.8%
- Max offer
- $151,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading