For saleSingle family
$190,000
517 3rd St NW
Chisholm MN 55719
3 beds, 2 baths, 1,500 sqft
517 3rd St NW is a 3 beds, 2 baths, 1,500 sqft single family home for sale at $190,000 in Chisholm MN 55719. At 20% down it rents for an estimated $1,400/mo and returns $44/mo a month at a 6.9% 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
- $1,400/mo
- Monthly cash flow
- $44/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.4%
- Max offer
- $165,000
Offer ≤ $165,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading