For saleSingle family
$150,000
504 Riverside Dr SE
Saint Cloud MN 56304
3 beds, 1 bath, 1,400 sqft
504 Riverside Dr SE is a 3 beds, 1 bath, 1,400 sqft single family home for sale at $150,000 in Saint Cloud MN 56304. At 20% down it rents for an estimated $1,300/mo and returns $229/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
- $1,300/mo
- Monthly cash flow
- $229/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.2%
- Max offer
- $150,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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