For saleMulti-family
$204,900
707 6th Ave S
Saint Cloud MN 56301
9 beds, 3 baths, 2,630 sqft
707 6th Ave S is a 9 beds, 3 baths, 2,630 sqft multi-family home for sale at $204,900 in Saint Cloud MN 56301. At 20% down it rents for an estimated $1,700/mo and returns $263/mo a month at a 8.1% 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
- $1,700/mo
- Monthly cash flow
- $263/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.7%
- Max offer
- $203,500
Offer ≤ $203,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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