For saleSingle family

$159,900

913 Mississippi Ave NW

Bemidji MN 56601

4 beds, 1 bath, 1,552 sqft

913 Mississippi Ave NW is a 4 beds, 1 bath, 1,552 sqft single family home for sale at $159,900 in Bemidji MN 56601. At 20% down it rents for an estimated $1,650/mo and returns $529/mo a month at a 10.5% 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
$529/mo
Cap rate
10.5%
Cash-on-cash
19.8%
Max offer
$159,900

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

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