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 $273/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
$273/mo
Cap rate
8.4%
Cash-on-cash
9.3%
Max offer
$175,000

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

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