For saleMulti-family
$279,900
1216/1218 6th Ave S
Saint Cloud MN 56301
7 beds, 2 baths, 2,744 sqft
1216/1218 6th Ave S is a 7 beds, 2 baths, 2,744 sqft multi-family home for sale at $279,900 in Saint Cloud MN 56301. At 20% down it rents for an estimated $2,600/mo and returns $602/mo a month at a 9.2% 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
- $2,600/mo
- Monthly cash flow
- $602/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.9%
- Max offer
- $279,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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