For saleSingle family

$65,000

230 3rd St NW

Chisholm MN 55719

2 beds, 1 bath, 888 sqft

230 3rd St NW is a 2 beds, 1 bath, 888 sqft single family home for sale at $65,000 in Chisholm MN 55719. At 20% down it rents for an estimated $1,100/mo and returns $636/mo a month at a 18.4% 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
$1,100/mo
Monthly cash flow
$636/mo
Cap rate
18.4%
Cash-on-cash
58.7%
Max offer
$65,000

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

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