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 $2,100/mo and returns $1,101/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
- $2,100/mo
- Monthly cash flow
- $1,101/mo
- Cap rate
- 16.1%
- Cash-on-cash
- 47.2%
- Max offer
- $139,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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