For saleSingle family

$113,000

703 Harrison St

Eveleth MN 55734

2 beds, 1 bath, 1,512 sqft

703 Harrison St is a 2 beds, 1 bath, 1,512 sqft single family home for sale at $113,000 in Eveleth MN 55734. At 20% down it rents for an estimated $975/mo and returns $168/mo a month at a 8.5% 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
$975/mo
Monthly cash flow
$168/mo
Cap rate
8.5%
Cash-on-cash
8.9%
Max offer
$113,000

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

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