Pending saleSingle family
$175,000
1101 N Armstrong Blvd
Saint James MN 56081
3 beds, 2 baths, 2,912 sqft
1101 N Armstrong Blvd is a 3 beds, 2 baths, 2,912 sqft single family home pending sale at $175,000 in Saint James MN 56081. At 20% down it rents for an estimated $850/mo and returns -$399/mo a month at a 3.9% 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
- $850/mo
- Monthly cash flow
- -$399/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.7%
- Max offer
- $100,500
Offer ≤ $100,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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