For saleSingle family
$115,000
607 1/2 3rd St NE
Little Falls MN 56345
1 bed, 1 bath, 672 sqft
607 1/2 3rd St NE is a 1 bed, 1 bath, 672 sqft single family home for sale at $115,000 in Little Falls MN 56345. At 20% down it rents for an estimated $850/mo and returns $43/mo a month at a 7.0% 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
- $850/mo
- Monthly cash flow
- $43/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.3%
- Max offer
- $101,500
Offer ≤ $101,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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