For saleSingle family
$180,000
2115 Doddridge Ave
Cloquet MN 55720
2 beds, 1 bath, 750 sqft
2115 Doddridge Ave is a 2 beds, 1 bath, 750 sqft single family home for sale at $180,000 in Cloquet MN 55720. At 20% down it rents for an estimated $1,650/mo and returns $365/mo a month at a 9.1% 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
- $1,650/mo
- Monthly cash flow
- $365/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.2%
- Max offer
- $180,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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