For saleSingle family
$100,000
127 Higbie Ave E
Minnesota Lake MN 56068
3 beds, 1 bath, 1,869 sqft
127 Higbie Ave E is a 3 beds, 1 bath, 1,869 sqft single family home for sale at $100,000 in Minnesota Lake MN 56068. At 20% down it rents for an estimated $1,325/mo and returns $624/mo a month at a 14.0% 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
- $1,325/mo
- Monthly cash flow
- $624/mo
- Cap rate
- 14.0%
- Cash-on-cash
- 37.4%
- Max offer
- $100,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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