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. At 20% down it rents for an estimated $1,675/mo and returns $974/mo a month at a 18.2% 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
$1,675/mo
Monthly cash flow
$974/mo
Cap rate
18.2%
Cash-on-cash
58.5%
Max offer
$99,900

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

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