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 $1,750/mo and returns $609/mo a month at a 11.2% 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
- $1,750/mo
- Monthly cash flow
- $609/mo
- Cap rate
- 11.2%
- Cash-on-cash
- 22.8%
- Max offer
- $159,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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