For saleSingle family
$135,000
409 7th St
Cloquet MN 55720
1 bed, 1 bath, 620 sqft
409 7th St is a 1 bed, 1 bath, 620 sqft single family home for sale at $135,000 in Cloquet MN 55720. At 20% down it rents for an estimated $1,450/mo and returns $486/mo a month at a 11.0% 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
- $1,450/mo
- Monthly cash flow
- $486/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 21.6%
- Max offer
- $135,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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