For saleSingle family
$124,900
111 29th Ave N
Saint Cloud MN 56303
2 beds, 1 bath, 932 sqft
111 29th Ave N is a 2 beds, 1 bath, 932 sqft single family home for sale at $124,900 in Saint Cloud MN 56303. At 20% down it rents for an estimated $950/mo and returns $74/mo a month at a 7.2% 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
- $950/mo
- Monthly cash flow
- $74/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.6%
- Max offer
- $113,500
Offer ≤ $113,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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