For saleSingle family
$377,900
1930 Pierce St S
Cambridge MN 55008
4 beds, 3 baths, 1,990 sqft
1930 Pierce St S is a 4 beds, 3 baths, 1,990 sqft single family home for sale at $377,900 in Cambridge MN 55008. At 20% down it rents for an estimated $2,575/mo and returns -$123/mo a month at a 6.3% 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
- $2,575/mo
- Monthly cash flow
- -$123/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.9%
- Max offer
- $304,000
Offer ≤ $304,000 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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