For saleSingle family
$129,000
111 W 7th St
Morris MN 56267
4 beds, 1 bath, 1,496 sqft
111 W 7th St is a 4 beds, 1 bath, 1,496 sqft single family home for sale at $129,000 in Morris MN 56267. At 20% down it rents for an estimated $1,375/mo and returns $454/mo a month at a 10.9% 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
- $1,375/mo
- Monthly cash flow
- $454/mo
- Cap rate
- 10.9%
- Cash-on-cash
- 21.1%
- Max offer
- $129,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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