For saleSingle family
$110,000
5440 Park Dr
Mount Iron MN 55768
3 beds, 1 bath, 864 sqft
5440 Park Dr is a 3 beds, 1 bath, 864 sqft single family home for sale at $110,000 in Mount Iron MN 55768. At 20% down it rents for an estimated $1,125/mo and returns $340/mo a month at a 10.4% 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
- $1,125/mo
- Monthly cash flow
- $340/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 18.5%
- Max offer
- $110,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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