For saleSingle family
$219,500
1001 Mississippi Ave NW
Bemidji MN 56601
6 beds, 3 baths, 2,590 sqft
1001 Mississippi Ave NW is a 6 beds, 3 baths, 2,590 sqft single family home for sale at $219,500 in Bemidji MN 56601. At 20% down it rents for an estimated $2,175/mo and returns $608/mo a month at a 10.0% 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
- $2,175/mo
- Monthly cash flow
- $608/mo
- Cap rate
- 10.0%
- Cash-on-cash
- 16.6%
- Max offer
- $219,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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