For saleSingle family
$74,500
923 7th Ave N
Saint James MN 56081
3 beds, 2 baths, 1,784 sqft
923 7th Ave N is a 3 beds, 2 baths, 1,784 sqft single family home for sale at $74,500 in Saint James MN 56081. At 20% down it rents for an estimated $850/mo and returns $318/mo a month at a 11.8% 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
- $318/mo
- Cap rate
- 11.8%
- Cash-on-cash
- 25.6%
- Max offer
- $74,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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