For saleMulti-family
$374,900
815 W 4th St
Red Wing MN 55066
5 beds, 5 baths, 2,829 sqft
815 W 4th St is a 5 beds, 5 baths, 2,829 sqft multi-family home for sale at $374,900 in Red Wing MN 55066. At 20% down it rents for an estimated $4,600/mo and returns $1,924/mo a month at a 12.8% 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
- $4,600/mo
- Monthly cash flow
- $1,924/mo
- Cap rate
- 12.8%
- Cash-on-cash
- 30.8%
- Max offer
- $374,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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