For saleMulti-family
$199,900
227 1st Ave SW
Clearbrook MN 56634
4 beds, 2 baths, 2,496 sqft
227 1st Ave SW is a 4 beds, 2 baths, 2,496 sqft multi-family home for sale at $199,900 in Clearbrook MN 56634. At 20% down it rents for an estimated $1,800/mo and returns $373/mo a month at a 8.9% 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
- $1,800/mo
- Monthly cash flow
- $373/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.2%
- Max offer
- $199,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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