For saleMulti-family

$310,000

202 Main St E

Norwood Young America MN 55397

7 beds, 4 baths, 3,121 sqft

202 Main St E is a 7 beds, 4 baths, 3,121 sqft multi-family home for sale at $310,000 in Norwood Young America MN 55397. At 20% down it rents for an estimated $4,100/mo and returns $1,887/mo a month at a 14.0% 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
$4,100/mo
Monthly cash flow
$1,887/mo
Cap rate
14.0%
Cash-on-cash
36.5%
Max offer
$310,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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