For saleMulti-family
$189,900
53 20th Ave S
Saint Cloud MN 56301
3 beds, 2 baths, 1,014 sqft
53 20th Ave S is a 3 beds, 2 baths, 1,014 sqft multi-family home for sale at $189,900 in Saint Cloud MN 56301. At 20% down it rents for an estimated $2,400/mo and returns $1,044/mo a month at a 13.3% 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
- $2,400/mo
- Monthly cash flow
- $1,044/mo
- Cap rate
- 13.3%
- Cash-on-cash
- 33.0%
- Max offer
- $189,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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