For saleSingle family
$239,900
1365 2nd Ave SE
Cambridge MN 55008
2 beds, 2 baths, 1,376 sqft
1365 2nd Ave SE is a 2 beds, 2 baths, 1,376 sqft single family home for sale at $239,900 in Cambridge MN 55008. At 20% down it rents for an estimated $2,000/mo and returns $287/mo a month at a 8.1% 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
- $2,000/mo
- Monthly cash flow
- $287/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $236,000
Offer ≤ $236,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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