For saleSingle family
$449,000
4578 Cedar Island Dr
Eveleth MN 55734
2 beds, 2 baths, 1,380 sqft
4578 Cedar Island Dr is a 2 beds, 2 baths, 1,380 sqft single family home for sale at $449,000 in Eveleth MN 55734. At 20% down it rents for an estimated $725/mo and returns -$2,480/mo a month at a 0.0% 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
- $725/mo
- Monthly cash flow
- -$2,480/mo
- Cap rate
- 0.0%
- Cash-on-cash
- -33.1%
- Max offer
- $87,500
Offer ≤ $87,500 (81% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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