For saleMulti-family

$330,000

226 3rd Ave S

Brownton MN 55312

7 beds, 3 baths, 3,560 sqft

226 3rd Ave S is a 7 beds, 3 baths, 3,560 sqft multi-family home for sale at $330,000 in Brownton MN 55312. At 20% down it rents for an estimated $2,750/mo and returns $435/mo a month at a 8.1% 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
$2,750/mo
Monthly cash flow
$435/mo
Cap rate
8.1%
Cash-on-cash
7.9%
Max offer
$329,000

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

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