For saleSingle family
$175,000
1315 3rd St N
Saint Cloud MN 56303
4 beds, 2.5 baths, 1,506 sqft
1315 3rd St N is a 4 beds, 2.5 baths, 1,506 sqft single family home for sale at $175,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $1,500/mo and returns $251/mo a month at a 8.4% 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
- $1,500/mo
- Monthly cash flow
- $251/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.6%
- Max offer
- $175,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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