For saleSingle family
$57,500
109 E 9th St
Morris MN 56267
5 beds, 1 bath, 1,140 sqft
109 E 9th St is a 5 beds, 1 bath, 1,140 sqft single family home for sale at $57,500 in Morris MN 56267. At 20% down it rents for an estimated $1,525/mo and returns $1,115/mo a month at a 29.9% 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
- $1,525/mo
- Monthly cash flow
- $1,115/mo
- Cap rate
- 29.9%
- Cash-on-cash
- 116.3%
- Max offer
- $57,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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