For saleSingle family
$194,900
329 2nd Ave NE
Saint Cloud MN 56304
4 beds, 1 bath, 1,100 sqft
329 2nd Ave NE is a 4 beds, 1 bath, 1,100 sqft single family home for sale at $194,900 in Saint Cloud MN 56304. At 20% down it rents for an estimated $1,800/mo and returns $409/mo a month at a 9.2% 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
- $1,800/mo
- Monthly cash flow
- $409/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.6%
- Max offer
- $194,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading