For saleMulti-family
$610,000
2545 70th St E
Inver Grove Heights MN 55076
9 beds, 6 baths, 5,442 sqft
2545 70th St E is a 9 beds, 6 baths, 5,442 sqft multi-family home for sale at $610,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $8,500/mo and returns $4,222/mo a month at a 14.8% 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
- $8,500/mo
- Monthly cash flow
- $4,222/mo
- Cap rate
- 14.8%
- Cash-on-cash
- 41.5%
- Max offer
- $610,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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