For saleSingle family
$184,500
457 2nd St SW
Perham MN 56573
3 beds, 2 baths, 1,804 sqft
457 2nd St SW is a 3 beds, 2 baths, 1,804 sqft single family home for sale at $184,500 in Perham MN 56573. At 20% down it rents for an estimated $2,500/mo and returns $1,183/mo a month at a 14.4% 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
- $2,500/mo
- Monthly cash flow
- $1,183/mo
- Cap rate
- 14.4%
- Cash-on-cash
- 38.5%
- Max offer
- $184,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading