For saleSingle family

$105,000

815 Main Ave N

Thief River Falls MN 56701

4 beds, 3 baths, 1,964 sqft

815 Main Ave N is a 4 beds, 3 baths, 1,964 sqft single family home for sale at $105,000 in Thief River Falls MN 56701. At 20% down it rents for an estimated $1,000/mo and returns $264/mo a month at a 9.5% 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
$1,000/mo
Monthly cash flow
$264/mo
Cap rate
9.5%
Cash-on-cash
15.1%
Max offer
$105,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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