For saleSingle family

$119,000

315 26th Ave N

Saint Cloud MN 56303

3 beds, 1 bath, 1,046 sqft

315 26th Ave N is a 3 beds, 1 bath, 1,046 sqft single family home for sale at $119,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $1,550/mo and returns $700/mo a month at a 13.7% 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
$1,550/mo
Monthly cash flow
$700/mo
Cap rate
13.7%
Cash-on-cash
35.3%
Max offer
$119,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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