For saleSingle family
$968,000
307 Irving Beach Dr SW
Bemidji MN 56601
3 beds, 3 baths, 2,401 sqft
307 Irving Beach Dr SW is a 3 beds, 3 baths, 2,401 sqft single family home for sale at $968,000 in Bemidji MN 56601. At 20% down it rents for an estimated $1,550/mo and returns -$5,360/mo a month at a 0.0% 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
- $1,550/mo
- Monthly cash flow
- -$5,360/mo
- Cap rate
- 0.0%
- Cash-on-cash
- -33.2%
- Max offer
- $187,500
Offer ≤ $187,500 (81% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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