For saleSingle family
$180,000
429 5th Ave NE
Saint Cloud MN 56304
3 beds, 2 baths, 1,684 sqft
429 5th Ave NE is a 3 beds, 2 baths, 1,684 sqft single family home for sale at $180,000 in Saint Cloud MN 56304. At 20% down it rents for an estimated $1,375/mo and returns $90/mo a month at a 7.3% 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
- $1,375/mo
- Monthly cash flow
- $90/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $162,000
Offer ≤ $162,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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