For saleSingle family
$129,000
5707 Marble Ave
Mount Iron MN 55768
6 beds, 1 bath, 2,800 sqft
5707 Marble Ave is a 6 beds, 1 bath, 2,800 sqft single family home for sale at $129,000 in Mount Iron MN 55768. At 20% down it rents for an estimated $1,225/mo and returns $304/mo a month at a 9.5% 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
- $1,225/mo
- Monthly cash flow
- $304/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.1%
- Max offer
- $129,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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