For saleSingle family

$99,900

107 E 4th St

Morris MN 56267

6 beds, 2 baths, 2,021 sqft

107 E 4th St is a 6 beds, 2 baths, 2,021 sqft single family home for sale at $99,900 in Morris MN 56267. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

Back to home
Strong fitSingle family99d on market

$99,900

107 E 4th St

Morris MN 56267

6 beds2 baths2,021 sqft
99
Deal score
Est. rent
$1,850/mo
Cash flow
$1,234/mo
Cap rate
20.6%
Cash-on-cash
59.3%
Max offer
$99,900
Rental verdict

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

Pro forma

Cash flow
$1,234/mo
Cap rate
20.6%
Cash-on-cash
59.3%
DSCR
3.55
Down payment25.0% · $24,975
Interest rate6.69%
Monthly rent$1,850/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $425/mo for management, vacancy, maintenance and CapEx) would put cash flow at $808/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$483
  • Property tax$100
  • Insurance$33
  • Total payment$616/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$24,975
  • Closing costs (~3%: title, lender, prepaid escrow)$2,997
  • Reserves (2 months of payments)$1,232
  • Total cash to close$29,204

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

107 E 4th St in context — the streets, water and amenities around it.

Street View ↗

Property details

107 E 4th St · Morris MN 56267

Beds
6
Baths
2
Square feet
2,021
Price / sqft
$49
Home type
Single family
Days on market
99 days
HOA
None
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.