For saleSingle family

$189,900

21 4th St

Cloquet MN 55720

3 beds, 1 bath, 1,266 sqft

21 4th St is a 3 beds, 1 bath, 1,266 sqft single family home for sale at $189,900 in Cloquet MN 55720. At 20% down it rents for an estimated $1,850/mo and returns $518/mo a month at a 9.8% 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
$1,850/mo
Monthly cash flow
$518/mo
Cap rate
9.8%
Cash-on-cash
16.4%
Max offer
$189,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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