For saleSingle family
$245,000
243 5th Ave SW
Cambridge MN 55008
3 beds, 1 bath, 1,371 sqft
243 5th Ave SW is a 3 beds, 1 bath, 1,371 sqft single family home for sale at $245,000 in Cambridge MN 55008. At 20% down it rents for an estimated $1,975/mo and returns $226/mo a month at a 7.8% 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
- $1,975/mo
- Monthly cash flow
- $226/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.5%
- Max offer
- $233,000
Offer ≤ $233,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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