For saleSingle family

$179,900

1111 E Camp St

Ely MN 55731

3 beds, 1 bath, 1,238 sqft

1111 E Camp St is a 3 beds, 1 bath, 1,238 sqft single family home for sale at $179,900 in Ely MN 55731. At 20% down it rents for an estimated $1,675/mo and returns $413/mo a month at a 9.3% 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
$1,675/mo
Monthly cash flow
$413/mo
Cap rate
9.3%
Cash-on-cash
13.8%
Max offer
$179,900

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

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