For saleMulti-family
$429,900
520 W State St
Belle Plaine MN 56011
6 beds, 4 baths, 3,600 sqft
520 W State St is a 6 beds, 4 baths, 3,600 sqft multi-family home for sale at $429,900 in Belle Plaine MN 56011. At 20% down it rents for an estimated $3,900/mo and returns $952/mo a month at a 9.0% 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
- $3,900/mo
- Monthly cash flow
- $952/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 13.3%
- Max offer
- $429,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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