Pending saleSingle family

$289,900

1139 10th St N

Saint James MN 56081

5 beds, 3.5 baths, 2,816 sqft

1139 10th St N is a 5 beds, 3.5 baths, 2,816 sqft single family home pending sale at $289,900 in Saint James MN 56081. At 20% down it rents for an estimated $1,025/mo and returns -$1,045/mo a month at a 2.3% 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
$1,025/mo
Monthly cash flow
-$1,045/mo
Cap rate
2.3%
Cash-on-cash
-21.6%
Max offer
$122,000

Offer ≤ $122,000 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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