For saleSingle family
$249,955
438 9th St
Cloquet MN 55720
5 beds, 2 baths, 1,924 sqft
438 9th St is a 5 beds, 2 baths, 1,924 sqft single family home for sale at $249,955 in Cloquet MN 55720. At 20% down it rents for an estimated $2,250/mo and returns $466/mo a month at a 8.9% 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
- $2,250/mo
- Monthly cash flow
- $466/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.2%
- Max offer
- $249,955
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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