For saleMulti-family

$175,000

112 N 3rd St

Royalton MN 56373

7 beds, 2 baths, 2,914 sqft

112 N 3rd St is a 7 beds, 2 baths, 2,914 sqft multi-family home for sale at $175,000 in Royalton MN 56373. At 20% down it rents for an estimated $1,900/mo and returns $673/mo a month at a 11.1% 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
$1,900/mo
Monthly cash flow
$673/mo
Cap rate
11.1%
Cash-on-cash
23.1%
Max offer
$175,000

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

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