For saleSingle family

$149,000

437 7th St NE

Staples MN 56479

3 beds, 1.5 baths, 1,724 sqft

437 7th St NE is a 3 beds, 1.5 baths, 1,724 sqft single family home for sale at $149,000 in Staples MN 56479. At 20% down it rents for an estimated $1,125/mo and returns $80/mo a month at a 7.2% 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
$1,125/mo
Monthly cash flow
$80/mo
Cap rate
7.2%
Cash-on-cash
3.2%
Max offer
$134,500

Offer ≤ $134,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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