For saleMulti-family
$169,900
919 W Front St
Albert Lea MN 56007
6 beds, 2 baths, 2,064 sqft
919 W Front St is a 6 beds, 2 baths, 2,064 sqft multi-family home for sale at $169,900 in Albert Lea MN 56007. At 20% down it rents for an estimated $2,050/mo and returns $837/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
- $2,050/mo
- Monthly cash flow
- $837/mo
- Cap rate
- 12.6%
- Cash-on-cash
- 29.6%
- Max offer
- $169,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading