For saleSingle family

$139,900

521 NW 13th St

Grand Rapids MN 55744

3 beds, 1 bath, 900 sqft

521 NW 13th St is a 3 beds, 1 bath, 900 sqft single family home for sale at $139,900 in Grand Rapids MN 55744. At 20% down it rents for an estimated $1,800/mo and returns $819/mo a month at a 13.5% 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
$1,800/mo
Monthly cash flow
$819/mo
Cap rate
13.5%
Cash-on-cash
35.1%
Max offer
$139,900

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

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