For saleMulti-family

$249,000

476 Main St

Winona MN 55987

5 beds, 2 baths, 1,744 sqft

476 Main St is a 5 beds, 2 baths, 1,744 sqft multi-family home for sale at $249,000 in Winona MN 55987. At 20% down it rents for an estimated $2,200/mo and returns $422/mo a month at a 8.7% 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
$2,200/mo
Monthly cash flow
$422/mo
Cap rate
8.7%
Cash-on-cash
10.2%
Max offer
$249,000

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

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