For saleMulti-family
$295,000
409 Meadow Dr
McGregor MN 55760
5 beds, 4 baths, 3,500 sqft
409 Meadow Dr is a 5 beds, 4 baths, 3,500 sqft multi-family home for sale at $295,000 in McGregor MN 55760. At 20% down it rents for an estimated $3,800/mo and returns $1,731/mo a month at a 13.6% 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
- $3,800/mo
- Monthly cash flow
- $1,731/mo
- Cap rate
- 13.6%
- Cash-on-cash
- 35.2%
- Max offer
- $295,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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