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 $1,050/mo and returns $257/mo a month at a 9.3% 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
$1,050/mo
Monthly cash flow
$257/mo
Cap rate
9.3%
Cash-on-cash
13.7%
Max offer
$113,000

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

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