For saleSingle family

$53,200

824 Labree Ave N

Thief River Falls MN 56701

2 beds, 1 bath, 589 sqft

824 Labree Ave N is a 2 beds, 1 bath, 589 sqft single family home for sale at $53,200 in Thief River Falls MN 56701. At 20% down it rents for an estimated $800/mo and returns $427/mo a month at a 16.1% 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
$800/mo
Monthly cash flow
$427/mo
Cap rate
16.1%
Cash-on-cash
48.1%
Max offer
$53,200

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

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