For saleSingle family
$189,000
1100 Lincoln Ave
Eveleth MN 55734
3 beds, 2 baths, 1,101 sqft
1100 Lincoln Ave is a 3 beds, 2 baths, 1,101 sqft single family home for sale at $189,000 in Eveleth MN 55734. At 20% down it rents for an estimated $950/mo and returns -$399/mo a month at a 4.1% 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
- $950/mo
- Monthly cash flow
- -$399/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.7%
- Max offer
- $112,500
Offer ≤ $112,500 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading