Pending saleSingle family
$219,900
1025 3rd Ave S
Saint James MN 56081
4 beds, 2 baths, 600 sqft
1025 3rd Ave S is a 4 beds, 2 baths, 600 sqft single family home pending sale at $219,900 in Saint James MN 56081. At 20% down it rents for an estimated $925/mo and returns -$645/mo a month at a 3.1% 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
- $925/mo
- Monthly cash flow
- -$645/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.6%
- Max offer
- $109,500
Offer ≤ $109,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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