For saleMulti-family
$269,000
1324 1st St N
Saint Cloud MN 56303
7 beds, 3 baths, 3,492 sqft
1324 1st St N is a 7 beds, 3 baths, 3,492 sqft multi-family home for sale at $269,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $3,700/mo and returns $1,813/mo a month at a 14.6% 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
- $3,700/mo
- Monthly cash flow
- $1,813/mo
- Cap rate
- 14.6%
- Cash-on-cash
- 40.4%
- Max offer
- $269,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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