For saleMulti-family
$234,800
106 Aspen Ave SW
Cass Lake MN 56633
8 beds, 4 baths, 4,482 sqft
106 Aspen Ave SW is a 8 beds, 4 baths, 4,482 sqft multi-family home for sale at $234,800 in Cass Lake MN 56633. At 20% down it rents for an estimated $3,450/mo and returns $1,774/mo a month at a 15.7% 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
- $3,450/mo
- Monthly cash flow
- $1,774/mo
- Cap rate
- 15.7%
- Cash-on-cash
- 45.3%
- Max offer
- $234,800
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading