For saleSingle family
$225,000
145 5th St NW
Perham MN 56573
3 beds, 2 baths, 1,893 sqft
145 5th St NW is a 3 beds, 2 baths, 1,893 sqft single family home for sale at $225,000 in Perham MN 56573. At 20% down it rents for an estimated $2,500/mo and returns $894/mo a month at a 11.4% 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
- $2,500/mo
- Monthly cash flow
- $894/mo
- Cap rate
- 11.4%
- Cash-on-cash
- 23.8%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading