For saleMulti-family

$189,000

46 W Main St

Osakis MN 56360

7 beds, 3 baths, 2,400 sqft

46 W Main St is a 7 beds, 3 baths, 2,400 sqft multi-family home for sale at $189,000 in Osakis MN 56360. At 20% down it rents for an estimated $3,000/mo and returns $1,651/mo a month at a 17.1% 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
$3,000/mo
Monthly cash flow
$1,651/mo
Cap rate
17.1%
Cash-on-cash
52.4%
Max offer
$189,000

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

Loading