For saleSingle family
$214,900
520 7th St
Cloquet MN 55720
3 beds, 1 bath, 1,230 sqft
520 7th St is a 3 beds, 1 bath, 1,230 sqft single family home for sale at $214,900 in Cloquet MN 55720. At 20% down it rents for an estimated $1,950/mo and returns $416/mo a month at a 9.0% 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
- $416/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.6%
- Max offer
- $214,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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