For saleMulti-family

$230,000

159 E King St

Winona MN 55987

8 beds, 2 baths, 2,300 sqft

159 E King St is a 8 beds, 2 baths, 2,300 sqft multi-family home for sale at $230,000 in Winona MN 55987. At 20% down it rents for an estimated $2,400/mo and returns $823/mo a month at a 10.6% 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
$2,400/mo
Monthly cash flow
$823/mo
Cap rate
10.6%
Cash-on-cash
21.5%
Max offer
$230,000

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

Loading listing…

Fetching the market snapshot.