For saleSingle family

$119,000

702 NW 6th St

Chisholm MN 55746

3 beds, 1.5 baths, 1,567 sqft

702 NW 6th St is a 3 beds, 1.5 baths, 1,567 sqft single family home for sale at $119,000 in Chisholm MN 55746. At 20% down it rents for an estimated $1,400/mo and returns $550/mo a month at a 12.2% 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
$1,400/mo
Monthly cash flow
$550/mo
Cap rate
12.2%
Cash-on-cash
27.8%
Max offer
$119,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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