For saleSingle family
$240,000
911 10th Ave
Two Harbors MN 55616
4 beds, 3 baths, 2,332 sqft
911 10th Ave is a 4 beds, 3 baths, 2,332 sqft single family home for sale at $240,000 in Two Harbors MN 55616. At 20% down it rents for an estimated $1,250/mo and returns -$463/mo a month at a 4.3% 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
- $1,250/mo
- Monthly cash flow
- -$463/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.6%
- Max offer
- $148,000
Offer ≤ $148,000 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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