For saleSingle family
$124,900
501 4th St NW
Aitkin MN 56431
2 beds, 1 bath, 1,238 sqft
501 4th St NW is a 2 beds, 1 bath, 1,238 sqft single family home for sale at $124,900 in Aitkin MN 56431. At 20% down it rents for an estimated $1,175/mo and returns $283/mo a month at a 9.4% 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
- $1,175/mo
- Monthly cash flow
- $283/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.6%
- Max offer
- $124,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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