For saleMulti-family
$362,500
207 Bridge St S
Clarissa MN 56440
9 beds, 3 baths, 4,680 sqft
207 Bridge St S is a 9 beds, 3 baths, 4,680 sqft multi-family home for sale at $362,500 in Clarissa MN 56440. At 20% down it rents for an estimated $3,600/mo and returns $1,012/mo a month at a 10.0% 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
- $3,600/mo
- Monthly cash flow
- $1,012/mo
- Cap rate
- 10.0%
- Cash-on-cash
- 16.8%
- Max offer
- $362,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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