For saleMulti-family

$239,900

314 7th St NE

Little Falls MN 56345

4 beds, 2 baths, 1,902 sqft

314 7th St NE is a 4 beds, 2 baths, 1,902 sqft multi-family home for sale at $239,900 in Little Falls MN 56345. At 20% down it rents for an estimated $2,550/mo and returns $837/mo a month at a 10.9% 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
$2,550/mo
Monthly cash flow
$837/mo
Cap rate
10.9%
Cash-on-cash
20.9%
Max offer
$239,900

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

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