For saleSingle family
$154,900
104 6th Ave SW
Pelican Rapids MN 56572
4 beds, 2 baths, 1,270 sqft
104 6th Ave SW is a 4 beds, 2 baths, 1,270 sqft single family home for sale at $154,900 in Pelican Rapids MN 56572. At 20% down it rents for an estimated $2,800/mo and returns $1,714/mo a month at a 19.8% 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
- $2,800/mo
- Monthly cash flow
- $1,714/mo
- Cap rate
- 19.8%
- Cash-on-cash
- 66.4%
- Max offer
- $154,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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