For saleMulti-family

$345,000

629 5th Ave N

Saint Cloud MN 56303

5 beds, 3 baths, 1,875 sqft

629 5th Ave N is a 5 beds, 3 baths, 1,875 sqft multi-family home for sale at $345,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $2,700/mo and returns $280/mo a month at a 7.5% 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
$2,700/mo
Monthly cash flow
$280/mo
Cap rate
7.5%
Cash-on-cash
4.9%
Max offer
$323,500

Offer ≤ $323,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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