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 $651/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
- $651/mo
- Cap rate
- 11.1%
- Cash-on-cash
- 22.3%
- Max offer
- $175,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading