For saleMulti-family
$399,900
417 W 2nd St
Zumbrota MN 55992
8 beds, 4 baths, 4,822 sqft
417 W 2nd St is a 8 beds, 4 baths, 4,822 sqft multi-family home for sale at $399,900 in Zumbrota MN 55992. At 20% down it rents for an estimated $3,150/mo and returns $295/mo a month at a 7.6% 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
- $3,150/mo
- Monthly cash flow
- $295/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.4%
- Max offer
- $371,500
Offer ≤ $371,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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