For saleMulti-family
$219,000
610 8th St SW
Austin MN 55912
4 beds, 4 baths, 2,408 sqft
610 8th St SW is a 4 beds, 4 baths, 2,408 sqft multi-family home for sale at $219,000 in Austin MN 55912. At 20% down it rents for an estimated $2,650/mo and returns $1,087/mo a month at a 12.6% 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
- $2,650/mo
- Monthly cash flow
- $1,087/mo
- Cap rate
- 12.6%
- Cash-on-cash
- 29.8%
- Max offer
- $219,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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