For saleMulti-family
$209,900
157 10th Ave N
Waite Park MN 56387
5 beds, 2 baths, 2,178 sqft
157 10th Ave N is a 5 beds, 2 baths, 2,178 sqft multi-family home for sale at $209,900 in Waite Park MN 56387. At 20% down it rents for an estimated $2,150/mo and returns $652/mo a month at a 10.4% 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
- $2,150/mo
- Monthly cash flow
- $652/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 18.6%
- Max offer
- $209,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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