For saleMulti-family
$222,500
306 9th Ave S
Saint Cloud MN 56301
5 beds, 2 baths, 2,234 sqft
306 9th Ave S is a 5 beds, 2 baths, 2,234 sqft multi-family home for sale at $222,500 in Saint Cloud MN 56301. At 20% down it rents for an estimated $1,850/mo and returns $289/mo a month at a 8.1% 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
- $1,850/mo
- Monthly cash flow
- $289/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.8%
- Max offer
- $221,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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