For saleSingle family

$129,000

119 2nd Ave NE

Saint Cloud MN 56304

3 beds, 1 bath, 1,732 sqft

119 2nd Ave NE is a 3 beds, 1 bath, 1,732 sqft single family home for sale at $129,000 in Saint Cloud MN 56304. At 20% down it rents for an estimated $1,325/mo and returns $420/mo a month at a 10.4% 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
$1,325/mo
Monthly cash flow
$420/mo
Cap rate
10.4%
Cash-on-cash
19.5%
Max offer
$129,000

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

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