For saleSingle family
$75,500
601 Hayes St
Eveleth MN 55734
2 beds, 2 baths, 1,208 sqft
601 Hayes St is a 2 beds, 2 baths, 1,208 sqft single family home for sale at $75,500 in Eveleth MN 55734. At 20% down it rents for an estimated $975/mo and returns $436/mo a month at a 13.6% 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
- $975/mo
- Monthly cash flow
- $436/mo
- Cap rate
- 13.6%
- Cash-on-cash
- 34.7%
- Max offer
- $75,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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