For saleSingle family
$159,000
1107 Douglas Ave
Eveleth MN 55734
3 beds, 1 bath, 1,680 sqft
1107 Douglas Ave is a 3 beds, 1 bath, 1,680 sqft single family home for sale at $159,000 in Eveleth MN 55734. At 20% down it rents for an estimated $1,175/mo and returns $60/mo a month at a 7.0% 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
- $1,175/mo
- Monthly cash flow
- $60/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.3%
- Max offer
- $140,500
Offer ≤ $140,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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