For saleSingle family

$240,000

117 7th St

Moose Lake MN 55767

4 beds, 2 baths, 1,536 sqft

117 7th St is a 4 beds, 2 baths, 1,536 sqft single family home for sale at $240,000 in Moose Lake MN 55767. At 20% down it rents for an estimated $1,950/mo and returns $267/mo a month at a 7.8% 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
$1,950/mo
Monthly cash flow
$267/mo
Cap rate
7.8%
Cash-on-cash
6.7%
Max offer
$233,500

Offer ≤ $233,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.