For saleSingle family

$189,900

51 21st Ave N

Saint Cloud MN 56303

3 beds, 1.5 baths, 1,542 sqft

51 21st Ave N is a 3 beds, 1.5 baths, 1,542 sqft single family home for sale at $189,900 in Saint Cloud MN 56303. At 20% down it rents for an estimated $1,725/mo and returns $369/mo a month at a 9.0% 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
$1,725/mo
Monthly cash flow
$369/mo
Cap rate
9.0%
Cash-on-cash
11.7%
Max offer
$189,900

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

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