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 $1,750/mo and returns $67/mo a month at a 6.9% 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
- $1,750/mo
- Monthly cash flow
- $67/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.7%
- Max offer
- $209,500
Offer ≤ $209,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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