For saleSingle family
$179,900
810 Columbia Ave
Morris MN 56267
2 beds, 1 bath, 847 sqft
810 Columbia Ave is a 2 beds, 1 bath, 847 sqft single family home for sale at $179,900 in Morris MN 56267. At 20% down it rents for an estimated $1,350/mo and returns $88/mo a month at a 7.1% 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
- $1,350/mo
- Monthly cash flow
- $88/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.9%
- Max offer
- $161,500
Offer ≤ $161,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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