For saleSingle family

$164,000

318 Grove St N

Mora MN 55051

2 beds, 1 bath, 1,104 sqft

318 Grove St N is a 2 beds, 1 bath, 1,104 sqft single family home for sale at $164,000 in Mora MN 55051. At 20% down it rents for an estimated $1,500/mo and returns $350/mo a month at a 9.1% 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
$1,500/mo
Monthly cash flow
$350/mo
Cap rate
9.1%
Cash-on-cash
12.8%
Max offer
$164,000

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

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