For saleSingle family
$159,000
624 Jones St
Eveleth MN 55734
4 beds, 1 bath, 2,389 sqft
624 Jones St is a 4 beds, 1 bath, 2,389 sqft single family home for sale at $159,000 in Eveleth MN 55734. At 20% down it rents for an estimated $1,225/mo and returns $110/mo a month at a 7.3% 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
- $1,225/mo
- Monthly cash flow
- $110/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.1%
- Max offer
- $146,500
Offer ≤ $146,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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