For saleSingle family

$157,500

415 8th St

Cloquet MN 55720

2 beds, 1 bath, 946 sqft

415 8th St is a 2 beds, 1 bath, 946 sqft single family home for sale at $157,500 in Cloquet MN 55720. At 20% down it rents for an estimated $1,650/mo and returns $545/mo a month at a 10.7% 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
$1,650/mo
Monthly cash flow
$545/mo
Cap rate
10.7%
Cash-on-cash
20.8%
Max offer
$157,500

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

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