For saleMulti-family
$339,900
495 W 1st St
Rush City MN 55069
4 beds, 3 baths, 1,823 sqft
495 W 1st St is a 4 beds, 3 baths, 1,823 sqft multi-family home for sale at $339,900 in Rush City MN 55069. At 20% down it rents for an estimated $1,000/mo and returns -$1,426/mo a month at a 1.6% 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
- $1,000/mo
- Monthly cash flow
- -$1,426/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.2%
- Max offer
- $119,000
Offer ≤ $119,000 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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