For saleMulti-family
$575,000
3813 Restwood Rd
Lexington MN 55014
8 beds, 4 baths, 3,328 sqft
3813 Restwood Rd is a 8 beds, 4 baths, 3,328 sqft multi-family home for sale at $575,000 in Lexington MN 55014. At 20% down it rents for an estimated $5,800/mo and returns $1,695/mo a month at a 10.2% 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
- $5,800/mo
- Monthly cash flow
- $1,695/mo
- Cap rate
- 10.2%
- Cash-on-cash
- 17.7%
- Max offer
- $575,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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