For saleMulti-family

$175,000

151 3rd Ave

Foley MN 56329

3 beds, 2 baths, 1,465 sqft

151 3rd Ave is a 3 beds, 2 baths, 1,465 sqft multi-family home for sale at $175,000 in Foley MN 56329. At 20% down it rents for an estimated $2,050/mo and returns $823/mo a month at a 12.2% 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
$2,050/mo
Monthly cash flow
$823/mo
Cap rate
12.2%
Cash-on-cash
28.2%
Max offer
$175,000

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

Loading listing…

Fetching the market snapshot.