For saleMulti-family

$99,999

405 E 8th St

Blue Earth MN 56013

3 beds, 2 baths

405 E 8th St is a 3 beds, 2 baths multi-family home for sale at $99,999 in Blue Earth MN 56013. At 20% down it rents for an estimated $1,550/mo and returns $849/mo a month at a 16.7% 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
$1,550/mo
Monthly cash flow
$849/mo
Cap rate
16.7%
Cash-on-cash
50.9%
Max offer
$99,999

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

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