For saleMulti-family
$113,000
415 1st St E
Thief River Falls MN 56701
4 beds, 4 baths, 2,088 sqft
415 1st St E is a 4 beds, 4 baths, 2,088 sqft multi-family home for sale at $113,000 in Thief River Falls MN 56701. At 20% down it rents for an estimated $1,600/mo and returns $807/mo a month at a 15.1% 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
- $1,600/mo
- Monthly cash flow
- $807/mo
- Cap rate
- 15.1%
- Cash-on-cash
- 42.9%
- Max offer
- $113,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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