For saleSingle family
$95,000
215 Walnut Ave
Carlton MN 55718
1 bed, 1 bath, 660 sqft
215 Walnut Ave is a 1 bed, 1 bath, 660 sqft single family home for sale at $95,000 in Carlton MN 55718. At 20% down it rents for an estimated $1,350/mo and returns $672/mo a month at a 15.2% 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
- $1,350/mo
- Monthly cash flow
- $672/mo
- Cap rate
- 15.2%
- Cash-on-cash
- 42.4%
- Max offer
- $95,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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