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 $831/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
- $831/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.8%
- Max offer
- $359,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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