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 $1,350/mo and returns $445/mo a month at a 10.7% 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
$1,350/mo
Monthly cash flow
$445/mo
Cap rate
10.7%
Cash-on-cash
20.7%
Max offer
$129,000

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

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