For saleSingle family

$109,900

201 19th St

Cloquet MN 55720

3 beds, 1 bath, 940 sqft

201 19th St is a 3 beds, 1 bath, 940 sqft single family home for sale at $109,900 in Cloquet MN 55720. At 20% down it rents for an estimated $1,850/mo and returns $1,079/mo a month at a 18.3% 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
$1,850/mo
Monthly cash flow
$1,079/mo
Cap rate
18.3%
Cash-on-cash
58.9%
Max offer
$109,900

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

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