For saleSingle family
$130,000
1201 E 14th St
Hibbing MN 55746
3 beds, 1 bath, 1,240 sqft
1201 E 14th St is a 3 beds, 1 bath, 1,240 sqft single family home for sale at $130,000 in Hibbing MN 55746. At 20% down it rents for an estimated $1,250/mo and returns $322/mo a month at a 9.6% 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
- $1,250/mo
- Monthly cash flow
- $322/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 14.9%
- Max offer
- $130,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading