For saleMulti-family
$299,000
340 S Olive St
Waconia MN 55387
4 beds, 3 baths, 1,828 sqft
340 S Olive St is a 4 beds, 3 baths, 1,828 sqft multi-family home for sale at $299,000 in Waconia MN 55387. At 20% down it rents for an estimated $3,300/mo and returns $1,166/mo a month at a 11.3% 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
- $3,300/mo
- Monthly cash flow
- $1,166/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.4%
- Max offer
- $299,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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