For saleSingle family

$95,000

4228 5th Ave E

Hibbing MN 55746

3 beds, 2 baths, 1,388 sqft

4228 5th Ave E is a 3 beds, 2 baths, 1,388 sqft single family home for sale at $95,000 in Hibbing MN 55746. At 20% down it rents for an estimated $1,225/mo and returns $547/mo a month at a 13.6% 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
$1,225/mo
Monthly cash flow
$547/mo
Cap rate
13.6%
Cash-on-cash
34.5%
Max offer
$95,000

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

Loading