For saleMulti-family
$325,000
529 2nd St SE
Saint Cloud MN 56304
6 beds, 3 baths, 1,945 sqft
529 2nd St SE is a 6 beds, 3 baths, 1,945 sqft multi-family home for sale at $325,000 in Saint Cloud MN 56304. At 20% down it rents for an estimated $2,850/mo and returns $530/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
- $2,850/mo
- Monthly cash flow
- $530/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.8%
- Max offer
- $325,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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