For saleSingle family
$249,900
209 17th Ave W
Eveleth MN 55734
4 beds, 2 baths, 2,131 sqft
209 17th Ave W is a 4 beds, 2 baths, 2,131 sqft single family home for sale at $249,900 in Eveleth MN 55734. At 20% down it rents for an estimated $1,200/mo and returns -$584/mo a month at a 3.9% 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
- $1,200/mo
- Monthly cash flow
- -$584/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -14.0%
- Max offer
- $142,000
Offer ≤ $142,000 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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