For saleSingle family
$225,000
231 22nd Ave N
Saint Cloud MN 56303
3 beds, 2 baths, 1,265 sqft
231 22nd Ave N is a 3 beds, 2 baths, 1,265 sqft single family home for sale at $225,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $1,725/mo and returns $119/mo a month at a 7.3% 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
- $1,725/mo
- Monthly cash flow
- $119/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $203,500
Offer ≤ $203,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading