For saleMulti-family
$95,000
124 E 17th St
Hibbing MN 55746
3 beds, 2 baths, 1,346 sqft
124 E 17th St is a 3 beds, 2 baths, 1,346 sqft multi-family home for sale at $95,000 in Hibbing MN 55746. At 20% down it rents for an estimated $1,350/mo and returns $684/mo a month at a 15.2% 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
- $1,350/mo
- Monthly cash flow
- $684/mo
- Cap rate
- 15.2%
- Cash-on-cash
- 43.2%
- Max offer
- $95,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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