For saleMulti-family
$225,000
427 Jefferson St
Red Wing MN 55066
4 beds, 2 baths, 1,676 sqft
427 Jefferson St is a 4 beds, 2 baths, 1,676 sqft multi-family home for sale at $225,000 in Red Wing MN 55066. At 20% down it rents for an estimated $3,000/mo and returns $1,394/mo a month at a 14.1% 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
- $3,000/mo
- Monthly cash flow
- $1,394/mo
- Cap rate
- 14.1%
- Cash-on-cash
- 37.2%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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