For saleMulti-family
$240,000
725 S Cedar Ave
Owatonna MN 55060
6 beds, 2 baths, 2,709 sqft
725 S Cedar Ave is a 6 beds, 2 baths, 2,709 sqft multi-family home for sale at $240,000 in Owatonna MN 55060. At 20% down it rents for an estimated $2,700/mo and returns $987/mo a month at a 11.6% 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
- $2,700/mo
- Monthly cash flow
- $987/mo
- Cap rate
- 11.6%
- Cash-on-cash
- 24.7%
- Max offer
- $240,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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