For saleSingle family

$63,200

925 Grant Ave

Eveleth MN 55734

3 beds, 1 bath, 1,355 sqft

925 Grant Ave is a 3 beds, 1 bath, 1,355 sqft single family home for sale at $63,200 in Eveleth MN 55734. At 20% down it rents for an estimated $1,175/mo and returns $732/mo a month at a 20.4% 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
$1,175/mo
Monthly cash flow
$732/mo
Cap rate
20.4%
Cash-on-cash
69.5%
Max offer
$63,200

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

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