For saleSingle family
$129,900
315 8th St
Cloquet MN 55720
4 beds, 2 baths, 1,319 sqft
315 8th St is a 4 beds, 2 baths, 1,319 sqft single family home for sale at $129,900 in Cloquet MN 55720. At 20% down it rents for an estimated $2,050/mo and returns $1,123/mo a month at a 17.0% 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
- $2,050/mo
- Monthly cash flow
- $1,123/mo
- Cap rate
- 17.0%
- Cash-on-cash
- 51.9%
- Max offer
- $129,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading