For saleSingle family
$63,500
1000 S 9th St
Saint James MN 56081
1 bed, 1 bath
1000 S 9th St is a 1 bed, 1 bath single family home for sale at $63,500 in Saint James MN 56081. At 20% down it rents for an estimated $650/mo and returns $197/mo a month at a 10.4% 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
- $650/mo
- Monthly cash flow
- $197/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 18.6%
- Max offer
- $63,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading