For saleSingle family
$38,000
712 Adams Ave
Eveleth MN 55734
3 beds, 1 bath, 942 sqft
712 Adams Ave is a 3 beds, 1 bath, 942 sqft single family home for sale at $38,000 in Eveleth MN 55734. At 20% down it rents for an estimated $1,175/mo and returns $908/mo a month at a 35.2% 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
- $908/mo
- Cap rate
- 35.2%
- Cash-on-cash
- 143.4%
- Max offer
- $38,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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