For saleMulti-family
$205,000
16 NW 3rd St
Adams MN 55909
6 beds, 4 baths, 2,926 sqft
16 NW 3rd St is a 6 beds, 4 baths, 2,926 sqft multi-family home for sale at $205,000 in Adams MN 55909. At 20% down it rents for an estimated $2,000/mo and returns $537/mo a month at a 9.8% 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
- $2,000/mo
- Monthly cash flow
- $537/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.7%
- Max offer
- $205,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading