For saleSingle family

$199,000

712 E Camp St

Ely MN 55731

4 beds, 2 baths, 1,276 sqft

712 E Camp St is a 4 beds, 2 baths, 1,276 sqft single family home for sale at $199,000 in Ely MN 55731. At 20% down it rents for an estimated $2,025/mo and returns $629/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
$2,025/mo
Monthly cash flow
$629/mo
Cap rate
10.3%
Cash-on-cash
19.0%
Max offer
$199,000

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

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