For saleMulti-family

$359,900

1116 7th Ave S

Saint Cloud MN 56301

12 beds, 4 baths, 4,062 sqft

1116 7th Ave S is a 12 beds, 4 baths, 4,062 sqft multi-family home for sale at $359,900 in Saint Cloud MN 56301. At 20% down it rents for an estimated $3,400/mo and returns $876/mo a month at a 9.4% 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
$3,400/mo
Monthly cash flow
$876/mo
Cap rate
9.4%
Cash-on-cash
14.6%
Max offer
$359,900

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

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