For saleSingle family
$354,900
1821 Pierce St S
Cambridge MN 55008
3 beds, 2 baths, 1,544 sqft
1821 Pierce St S is a 3 beds, 2 baths, 1,544 sqft single family home for sale at $354,900 in Cambridge MN 55008. At 20% down it rents for an estimated $2,300/mo and returns -$234/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
- $2,300/mo
- Monthly cash flow
- -$234/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.9%
- Max offer
- $272,000
Offer ≤ $272,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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