For saleSingle family
$225,000
525 3rd St SE
Perham MN 56573
2 beds, 2 baths, 1,908 sqft
525 3rd St SE is a 2 beds, 2 baths, 1,908 sqft single family home for sale at $225,000 in Perham MN 56573. At 20% down it rents for an estimated $1,925/mo and returns $319/mo a month at a 8.4% 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
- $1,925/mo
- Monthly cash flow
- $319/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.5%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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