For saleSingle family
$269,900
1002 Jones St
Eveleth MN 55734
3 beds, 2 baths, 2,253 sqft
1002 Jones St is a 3 beds, 2 baths, 2,253 sqft single family home for sale at $269,900 in Eveleth MN 55734. At 20% down it rents for an estimated $950/mo and returns -$977/mo a month at a 2.3% 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
- $950/mo
- Monthly cash flow
- -$977/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.7%
- Max offer
- $113,000
Offer ≤ $113,000 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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