For saleMulti-family
$129,900
401 Main St N
Atwater MN 56209
4 beds, 2 baths, 1,635 sqft
401 Main St N is a 4 beds, 2 baths, 1,635 sqft multi-family home for sale at $129,900 in Atwater MN 56209. At 20% down it rents for an estimated $1,600/mo and returns $673/mo a month at a 12.9% 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
- $1,600/mo
- Monthly cash flow
- $673/mo
- Cap rate
- 12.9%
- Cash-on-cash
- 31.1%
- Max offer
- $129,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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