For saleSingle family
$206,000
901 Park Ave
Cloquet MN 55720
3 beds, 2 baths, 1,412 sqft
901 Park Ave is a 3 beds, 2 baths, 1,412 sqft single family home for sale at $206,000 in Cloquet MN 55720. At 20% down it rents for an estimated $1,850/mo and returns $379/mo a month at a 8.9% 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
- $1,850/mo
- Monthly cash flow
- $379/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.1%
- Max offer
- $206,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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