For saleSingle family
$238,000
1311 15th Ave S
Saint Cloud MN 56301
4 beds, 2 baths, 1,729 sqft
1311 15th Ave S is a 4 beds, 2 baths, 1,729 sqft single family home for sale at $238,000 in Saint Cloud MN 56301. At 20% down it rents for an estimated $1,400/mo and returns -$299/mo a month at a 5.2% 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
- $1,400/mo
- Monthly cash flow
- -$299/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.5%
- Max offer
- $165,500
Offer ≤ $165,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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