For saleSingle family
$219,900
1301 Carlton Ave
Cloquet MN 55720
3 beds, 1 bath, 1,872 sqft
1301 Carlton Ave is a 3 beds, 1 bath, 1,872 sqft single family home for sale at $219,900 in Cloquet MN 55720. At 20% down it rents for an estimated $1,950/mo and returns $380/mo a month at a 8.7% 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
- $1,950/mo
- Monthly cash flow
- $380/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.4%
- Max offer
- $219,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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