For saleSingle family
$274,900
123 Minnesota Ave S
Aitkin MN 56431
4 beds, 2 baths, 2,094 sqft
123 Minnesota Ave S is a 4 beds, 2 baths, 2,094 sqft single family home for sale at $274,900 in Aitkin MN 56431. At 20% down it rents for an estimated $1,425/mo and returns -$537/mo a month at a 4.3% 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
- $1,425/mo
- Monthly cash flow
- -$537/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.7%
- Max offer
- $168,500
Offer ≤ $168,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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