For saleMulti-family
$250,000
232 E Broadway St
Rockville MN 56369
6 beds, 4 baths, 3,688 sqft
232 E Broadway St is a 6 beds, 4 baths, 3,688 sqft multi-family home for sale at $250,000 in Rockville MN 56369. At 20% down it rents for an estimated $2,450/mo and returns $665/mo a month at a 9.9% 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
- $2,450/mo
- Monthly cash flow
- $665/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.0%
- Max offer
- $250,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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