For saleSingle family

$54,900

939 Duluth Ave N

Thief River Falls MN 56701

3 beds, 1 bath, 1,586 sqft

939 Duluth Ave N is a 3 beds, 1 bath, 1,586 sqft single family home for sale at $54,900 in Thief River Falls MN 56701. At 20% down it rents for an estimated $850/mo and returns $465/mo a month at a 16.7% 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
$850/mo
Monthly cash flow
$465/mo
Cap rate
16.7%
Cash-on-cash
50.8%
Max offer
$54,900

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

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