For saleSingle family
$139,900
9 E 3rd St
Morris MN 56267
3 beds, 1 bath, 912 sqft
9 E 3rd St is a 3 beds, 1 bath, 912 sqft single family home for sale at $139,900 in Morris MN 56267. At 20% down it rents for an estimated $1,250/mo and returns $251/mo a month at a 8.8% 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
- $1,250/mo
- Monthly cash flow
- $251/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.8%
- Max offer
- $139,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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