For saleSingle family
$155,000
411 21st St
Cloquet MN 55720
2 beds, 1 bath, 640 sqft
411 21st St is a 2 beds, 1 bath, 640 sqft single family home for sale at $155,000 in Cloquet MN 55720. At 20% down it rents for an estimated $1,675/mo and returns $568/mo a month at a 11.1% 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
- $1,675/mo
- Monthly cash flow
- $568/mo
- Cap rate
- 11.1%
- Cash-on-cash
- 22.0%
- Max offer
- $155,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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