For saleMulti-family
$375,000
704 8th Ave S
Saint Cloud MN 56301
7 beds, 4 baths, 3,947 sqft
704 8th Ave S is a 7 beds, 4 baths, 3,947 sqft multi-family home for sale at $375,000 in Saint Cloud MN 56301. At 20% down it rents for an estimated $3,750/mo and returns $1,120/mo a month at a 10.1% 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
- $3,750/mo
- Monthly cash flow
- $1,120/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.9%
- Max offer
- $375,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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