For saleSingle family
$214,900
1309 Sahlman Ave
Cloquet MN 55720
3 beds, 2 baths, 1,387 sqft
1309 Sahlman Ave is a 3 beds, 2 baths, 1,387 sqft single family home for sale at $214,900 in Cloquet MN 55720. At 20% down it rents for an estimated $1,950/mo and returns $416/mo a month at a 9.0% 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
- $1,950/mo
- Monthly cash flow
- $416/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.6%
- Max offer
- $214,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading