For saleMulti-family

$399,000

402 33rd Ave N

Saint Cloud MN 56303

8 beds, 4 baths, 4,400 sqft

402 33rd Ave N is a 8 beds, 4 baths, 4,400 sqft multi-family home for sale at $399,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $3,800/mo and returns $952/mo a month at a 9.5% 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
$952/mo
Cap rate
9.5%
Cash-on-cash
14.3%
Max offer
$399,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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