For saleMulti-family

$279,000

319 1st Ave NW

Rothsay MN 56579

8 beds, 8 baths, 1,936 sqft

319 1st Ave NW is a 8 beds, 8 baths, 1,936 sqft multi-family home for sale at $279,000 in Rothsay MN 56579. At 20% down it rents for an estimated $2,800/mo and returns $808/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
$2,800/mo
Monthly cash flow
$808/mo
Cap rate
10.1%
Cash-on-cash
17.4%
Max offer
$279,000

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

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