For saleSingle family
$425,000
600 14th St NW
Perham MN 56573
4 beds, 3 baths, 2,544 sqft
600 14th St NW is a 4 beds, 3 baths, 2,544 sqft single family home for sale at $425,000 in Perham MN 56573. At 20% down it rents for an estimated $2,800/mo and returns -$234/mo a month at a 6.0% 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
- $2,800/mo
- Monthly cash flow
- -$234/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.3%
- Max offer
- $331,000
Offer ≤ $331,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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