For saleSingle family

$130,000

207 7th Ave S

Saint James MN 56081

3 beds, 1 bath, 1,212 sqft

207 7th Ave S is a 3 beds, 1 bath, 1,212 sqft single family home for sale at $130,000 in Saint James MN 56081. At 20% down it rents for an estimated $1,000/mo and returns $88/mo a month at a 7.3% 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
$1,000/mo
Monthly cash flow
$88/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$119,500

Offer ≤ $119,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.