For saleMulti-family

$107,900

612 Adams Ave

Eveleth MN 55734

4 beds, 2 baths, 1,822 sqft

612 Adams Ave is a 4 beds, 2 baths, 1,822 sqft multi-family home for sale at $107,900 in Eveleth MN 55734. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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Strong fitMulti-family108d on market

$107,900

612 Adams Ave

Eveleth MN 55734

4 beds2 baths1,822 sqft
99
Deal score
Est. rent
$2,050/mo
Cash flow
$1,384/mo
Cap rate
21.2%
Cash-on-cash
61.6%
Max offer
$107,900
Rental verdict

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

Pro forma

Cash flow
$1,384/mo
Cap rate
21.2%
Cash-on-cash
61.6%
DSCR
3.65
Down payment25.0% · $26,975
Interest rate6.69%
Monthly rent$2,050/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $471/mo for management, vacancy, maintenance and CapEx) would put cash flow at $913/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$522
  • Property tax$108
  • Insurance$36
  • Total payment$666/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$26,975
  • Closing costs (~3%: title, lender, prepaid escrow)$3,237
  • Reserves (2 months of payments)$1,331
  • Total cash to close$31,543

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

612 Adams Ave in context — the streets, water and amenities around it.

Street View ↗

Property details

612 Adams Ave · Eveleth MN 55734

Beds
4
Baths
2
Square feet
1,822
Price / sqft
$59
Home type
Duplex
Days on market
108 days
HOA
Not reported
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.