For saleSingle family
$195,000
1015 11th St N
Saint James MN 56081
2 beds, 2 baths, 2,696 sqft
1015 11th St N is a 2 beds, 2 baths, 2,696 sqft single family home for sale at $195,000 in Saint James MN 56081. At 20% down it rents for an estimated $750/mo and returns -$642/mo a month at a 2.7% 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
- $750/mo
- Monthly cash flow
- -$642/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.8%
- Max offer
- $89,000
Offer ≤ $89,000 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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