For saleSingle family

$65,800

607 3rd St NE

Little Falls MN 56345

1 bed, 1 bath, 600 sqft

607 3rd St NE is a 1 bed, 1 bath, 600 sqft single family home for sale at $65,800 in Little Falls MN 56345. At 20% down it rents for an estimated $850/mo and returns $389/mo a month at a 13.6% 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
$850/mo
Monthly cash flow
$389/mo
Cap rate
13.6%
Cash-on-cash
35.4%
Max offer
$65,800

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

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