For saleMulti-family

$174,900

629 9th Ave S

Saint Cloud MN 56301

5 beds, 2 baths, 1,710 sqft

629 9th Ave S is a 5 beds, 2 baths, 1,710 sqft multi-family home for sale at $174,900 in Saint Cloud MN 56301. At 20% down it rents for an estimated $1,800/mo and returns $573/mo a month at a 10.4% 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
$1,800/mo
Monthly cash flow
$573/mo
Cap rate
10.4%
Cash-on-cash
19.7%
Max offer
$174,900

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

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