Pending saleSingle family
$298,000
1134 9th St N
Saint James MN 56081
4 beds, 2.5 baths, 2,401 sqft
1134 9th St N is a 4 beds, 2.5 baths, 2,401 sqft single family home pending sale at $298,000 in Saint James MN 56081. At 20% down it rents for an estimated $925/mo and returns -$1,202/mo a month at a 1.8% 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
- $925/mo
- Monthly cash flow
- -$1,202/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.2%
- Max offer
- $110,000
Offer ≤ $110,000 (63% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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