For saleSingle family

$235,000

1610 Sahlman Ave

Cloquet MN 55720

3 beds, 2 baths, 960 sqft

1610 Sahlman Ave is a 3 beds, 2 baths, 960 sqft single family home for sale at $235,000 in Cloquet MN 55720. At 20% down it rents for an estimated $1,850/mo and returns $202/mo a month at a 7.5% 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
$202/mo
Cap rate
7.5%
Cash-on-cash
5.2%
Max offer
$221,500

Offer ≤ $221,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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