For saleMulti-family
$519,900
23017 60th Ave
Saint Augusta MN 56301
8 beds, 4 baths, 3,074 sqft
23017 60th Ave is a 8 beds, 4 baths, 3,074 sqft multi-family home for sale at $519,900 in Saint Augusta MN 56301. At 20% down it rents for an estimated $6,300/mo and returns $2,654/mo a month at a 12.6% 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
- $6,300/mo
- Monthly cash flow
- $2,654/mo
- Cap rate
- 12.6%
- Cash-on-cash
- 30.6%
- Max offer
- $519,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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