For saleSingle family
$346,900
1922 Pierce St S
Cambridge MN 55008
2 beds, 1 bath, 1,243 sqft
1922 Pierce St S is a 2 beds, 1 bath, 1,243 sqft single family home for sale at $346,900 in Cambridge MN 55008. At 20% down it rents for an estimated $1,500/mo and returns -$976/mo a month at a 3.3% 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
- $1,500/mo
- Monthly cash flow
- -$976/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.9%
- Max offer
- $178,000
Offer ≤ $178,000 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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