For saleMulti-family

$325,000

826 21st Ave N

Saint Cloud MN 56303

6 beds, 4 baths, 3,239 sqft

826 21st Ave N is a 6 beds, 4 baths, 3,239 sqft multi-family home for sale at $325,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $3,150/mo and returns $830/mo a month at a 9.7% 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
$830/mo
Cap rate
9.7%
Cash-on-cash
15.3%
Max offer
$325,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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