For saleSingle family
$49,900
310 SW 8th Ave
Grand Rapids MN 55744
2 beds, 1 bath, 720 sqft
310 SW 8th Ave is a 2 beds, 1 bath, 720 sqft single family home for sale at $49,900 in Grand Rapids MN 55744. At 20% down it rents for an estimated $1,750/mo and returns $1,394/mo a month at a 40.2% 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
- $1,750/mo
- Monthly cash flow
- $1,394/mo
- Cap rate
- 40.2%
- Cash-on-cash
- 167.6%
- Max offer
- $49,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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