For saleSingle family

$79,000

1112 8th Ave N

Saint James MN 56081

4 beds, 2 baths, 988 sqft

1112 8th Ave N is a 4 beds, 2 baths, 988 sqft single family home for sale at $79,000 in Saint James MN 56081. At 20% down it rents for an estimated $925/mo and returns $361/mo a month at a 12.2% 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
$361/mo
Cap rate
12.2%
Cash-on-cash
27.4%
Max offer
$79,000

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

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