For saleSingle family

$115,000

701 A Ave

Eveleth MN 55734

4 beds, 2 baths, 1,456 sqft

701 A Ave is a 4 beds, 2 baths, 1,456 sqft single family home for sale at $115,000 in Eveleth MN 55734. At 20% down it rents for an estimated $1,200/mo and returns $379/mo a month at a 10.6% 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
$1,200/mo
Monthly cash flow
$379/mo
Cap rate
10.6%
Cash-on-cash
19.8%
Max offer
$115,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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