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 $1,900/mo and returns $428/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
$1,900/mo
Monthly cash flow
$428/mo
Cap rate
9.0%
Cash-on-cash
12.2%
Max offer
$209,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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