For saleMulti-family
$260,000
230 11th St N
Breckenridge MN 56520
7 beds, 4 baths, 2,700 sqft
230 11th St N is a 7 beds, 4 baths, 2,700 sqft multi-family home for sale at $260,000 in Breckenridge MN 56520. At 20% down it rents for an estimated $2,400/mo and returns $544/mo a month at a 9.2% 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
- $2,400/mo
- Monthly cash flow
- $544/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.6%
- Max offer
- $260,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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