For saleSingle family
$209,000
105 18th St
Cloquet MN 55720
3 beds, 1 bath, 1,228 sqft
105 18th St is a 3 beds, 1 bath, 1,228 sqft single family home for sale at $209,000 in Cloquet MN 55720. At 20% down it rents for an estimated $1,950/mo and returns $458/mo a month at a 9.3% 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
- $1,950/mo
- Monthly cash flow
- $458/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.1%
- Max offer
- $209,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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