For saleMulti-family
$549,900
3640 Edward St NE
Saint Anthony MN 55418
6 beds, 4 baths, 3,400 sqft
3640 Edward St NE is a 6 beds, 4 baths, 3,400 sqft multi-family home for sale at $549,900 in Saint Anthony MN 55418. At 20% down it rents for an estimated $4,800/mo and returns $874/mo a month at a 8.6% 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
- $4,800/mo
- Monthly cash flow
- $874/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.5%
- Max offer
- $549,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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