For saleSingle family
$59,900
3921 5th Ave E
Hibbing MN 55746
3 beds, 1 bath, 1,360 sqft
3921 5th Ave E is a 3 beds, 1 bath, 1,360 sqft single family home for sale at $59,900 in Hibbing MN 55746. At 20% down it rents for an estimated $1,225/mo and returns $797/mo a month at a 22.6% 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
- $1,225/mo
- Monthly cash flow
- $797/mo
- Cap rate
- 22.6%
- Cash-on-cash
- 79.9%
- Max offer
- $59,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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