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 $950/mo and returns $499/mo a month at a 16.1% 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
- $950/mo
- Monthly cash flow
- $499/mo
- Cap rate
- 16.1%
- Cash-on-cash
- 47.4%
- Max offer
- $63,200
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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