For saleSingle family
$179,900
105 3rd St SE
Aitkin MN 56431
2 beds, 2 baths, 2,656 sqft
105 3rd St SE is a 2 beds, 2 baths, 2,656 sqft single family home for sale at $179,900 in Aitkin MN 56431. At 20% down it rents for an estimated $1,175/mo and returns -$109/mo a month at a 5.9% 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
- $1,175/mo
- Monthly cash flow
- -$109/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.6%
- Max offer
- $138,500
Offer ≤ $138,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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