For saleSingle family

$349,000

520 12th St NW

Perham MN 56573

4 beds, 3 baths, 2,792 sqft

520 12th St NW is a 4 beds, 3 baths, 2,792 sqft single family home for sale at $349,000 in Perham MN 56573. At 20% down it rents for an estimated $2,800/mo and returns $309/mo a month at a 7.7% 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
$2,800/mo
Monthly cash flow
$309/mo
Cap rate
7.7%
Cash-on-cash
5.3%
Max offer
$330,500

Offer ≤ $330,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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