For saleSingle family
$249,900
504 N Van Buren Ave
Eveleth MN 55734
3 beds, 2 baths, 2,183 sqft
504 N Van Buren Ave is a 3 beds, 2 baths, 2,183 sqft single family home for sale at $249,900 in Eveleth MN 55734. At 20% down it rents for an estimated $950/mo and returns -$834/mo a month at a 2.7% 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
- $950/mo
- Monthly cash flow
- -$834/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -20.0%
- Max offer
- $113,000
Offer ≤ $113,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading