For saleSingle family
$44,900
301 Bottineau Ave NW
Red Lake Falls MN 56750
2 beds, 1 bath, 1,080 sqft
301 Bottineau Ave NW is a 2 beds, 1 bath, 1,080 sqft single family home for sale at $44,900 in Red Lake Falls MN 56750. At 20% down it rents for an estimated $900/mo and returns $579/mo a month at a 22.2% 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
- $900/mo
- Monthly cash flow
- $579/mo
- Cap rate
- 22.2%
- Cash-on-cash
- 77.4%
- Max offer
- $44,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading