For saleSingle family

$149,900

439 4th St

Cloquet MN 55720

2 beds, 1 bath, 656 sqft

439 4th St is a 2 beds, 1 bath, 656 sqft single family home for sale at $149,900 in Cloquet MN 55720. At 20% down it rents for an estimated $1,650/mo and returns $599/mo a month at a 11.3% 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
$1,650/mo
Monthly cash flow
$599/mo
Cap rate
11.3%
Cash-on-cash
24.0%
Max offer
$149,900

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

Loading listing…

Fetching the market snapshot.