For saleSingle family
$149,900
223 3rd St SE
Perham MN 56573
1 bed, 1 bath, 712 sqft
223 3rd St SE is a 1 bed, 1 bath, 712 sqft single family home for sale at $149,900 in Perham MN 56573. At 20% down it rents for an estimated $1,475/mo and returns $405/mo a month at a 9.9% 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
- $1,475/mo
- Monthly cash flow
- $405/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.2%
- Max offer
- $149,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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