For saleSingle family

$125,000

511 5th St NW

Aitkin MN 56431

2 beds, 1 bath, 640 sqft

511 5th St NW is a 2 beds, 1 bath, 640 sqft single family home for sale at $125,000 in Aitkin MN 56431. At 20% down it rents for an estimated $1,275/mo and returns $398/mo a month at a 10.3% 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
$1,275/mo
Monthly cash flow
$398/mo
Cap rate
10.3%
Cash-on-cash
19.1%
Max offer
$125,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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