For saleMulti-family

$599,900

1759 Pleasant St

Lauderdale MN 55113

4 beds, 4 baths, 2,357 sqft

1759 Pleasant St is a 4 beds, 4 baths, 2,357 sqft multi-family home for sale at $599,900 in Lauderdale MN 55113. At 20% down it rents for an estimated $3,100/mo and returns -$1,183/mo a month at a 4.3% 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
$3,100/mo
Monthly cash flow
-$1,183/mo
Cap rate
4.3%
Cash-on-cash
-11.8%
Max offer
$367,000

Offer ≤ $367,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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