For saleSingle family
$194,500
703 6th St NW
Chisholm MN 55719
4 beds, 1 bath, 1,728 sqft
703 6th St NW is a 4 beds, 1 bath, 1,728 sqft single family home for sale at $194,500 in Chisholm MN 55719. At 20% down it rents for an estimated $1,550/mo and returns $162/mo a month at a 7.7% 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
- $1,550/mo
- Monthly cash flow
- $162/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.0%
- Max offer
- $183,000
Offer ≤ $183,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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