For saleSingle family
$230,000
740 Larch St
Cloquet MN 55720
3 beds, 2 baths, 1,358 sqft
740 Larch St is a 3 beds, 2 baths, 1,358 sqft single family home for sale at $230,000 in Cloquet MN 55720. At 20% down it rents for an estimated $1,950/mo and returns $308/mo a month at a 8.3% 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
- $1,950/mo
- Monthly cash flow
- $308/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.0%
- Max offer
- $230,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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