For saleSingle family

$99,900

323 4th St SE

Staples MN 56479

2 beds, 1 bath, 791 sqft

323 4th St SE is a 2 beds, 1 bath, 791 sqft single family home for sale at $99,900 in Staples MN 56479. At 20% down it rents for an estimated $1,000/mo and returns $299/mo a month at a 10.1% 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
$1,000/mo
Monthly cash flow
$299/mo
Cap rate
10.1%
Cash-on-cash
18.0%
Max offer
$99,900

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

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