For saleMulti-family
$285,000
820 Beltrami Ave NW
Bemidji MN 56601
9 beds, 4 baths, 3,340 sqft
820 Beltrami Ave NW is a 9 beds, 4 baths, 3,340 sqft multi-family home for sale at $285,000 in Bemidji MN 56601. At 20% down it rents for an estimated $3,250/mo and returns $1,215/mo a month at a 11.8% 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
- $3,250/mo
- Monthly cash flow
- $1,215/mo
- Cap rate
- 11.8%
- Cash-on-cash
- 25.6%
- Max offer
- $285,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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