For saleMulti-family
$285,000
106 Lark St
Sandstone MN 55072
6 beds, 2 baths, 2,368 sqft
106 Lark St is a 6 beds, 2 baths, 2,368 sqft multi-family home for sale at $285,000 in Sandstone MN 55072. At 20% down it rents for an estimated $2,600/mo and returns $565/mo a month at a 9.0% 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
- $2,600/mo
- Monthly cash flow
- $565/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.9%
- Max offer
- $285,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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