For saleSingle family
$75,000
5722 Mountain Dr
Mount Iron MN 55768
4 beds, 2 baths, 1,393 sqft
5722 Mountain Dr is a 4 beds, 2 baths, 1,393 sqft single family home for sale at $75,000 in Mount Iron MN 55768. At 20% down it rents for an estimated $1,200/mo and returns $665/mo a month at a 17.3% 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
- $1,200/mo
- Monthly cash flow
- $665/mo
- Cap rate
- 17.3%
- Cash-on-cash
- 53.2%
- Max offer
- $75,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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