For saleSingle family
$245,000
808 7th St S
Saint James MN 56081
4 beds, 2 baths, 2,483 sqft
808 7th St S is a 4 beds, 2 baths, 2,483 sqft single family home for sale at $245,000 in Saint James MN 56081. At 20% down it rents for an estimated $925/mo and returns -$824/mo a month at a 2.6% 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
- -$824/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.2%
- Max offer
- $110,000
Offer ≤ $110,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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