For saleSingle family
$115,000
710 3rd St NW
Aitkin MN 56431
1 bed, 1 bath, 824 sqft
710 3rd St NW is a 1 bed, 1 bath, 824 sqft single family home for sale at $115,000 in Aitkin MN 56431. At 20% down it rents for an estimated $1,050/mo and returns $229/mo a month at a 9.1% 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
- $1,050/mo
- Monthly cash flow
- $229/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.0%
- Max offer
- $115,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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