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 $2,350/mo and returns $708/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
- $2,350/mo
- Monthly cash flow
- $708/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 18.5%
- Max offer
- $230,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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