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 $1,700/mo and returns $508/mo a month at a 10.1% 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
$508/mo
Cap rate
10.1%
Cash-on-cash
18.0%
Max offer
$169,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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