For saleMulti-family
$200,000
516 7th Ave
Big Falls MN 56649
7 beds, 4 baths, 4,733 sqft
516 7th Ave is a 7 beds, 4 baths, 4,733 sqft multi-family home for sale at $200,000 in Big Falls MN 56649. At 20% down it rents for an estimated $3,250/mo and returns $1,822/mo a month at a 17.6% 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
- $1,822/mo
- Cap rate
- 17.6%
- Cash-on-cash
- 54.7%
- Max offer
- $200,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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