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 $850/mo and returns $470/mo a month at a 17.3% 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
- $850/mo
- Monthly cash flow
- $470/mo
- Cap rate
- 17.3%
- Cash-on-cash
- 53.0%
- Max offer
- $53,200
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading