For saleMulti-family
$395,000
820 S Minnesota Ave
Saint Peter MN 56082
7 beds, 4 baths, 2,533 sqft
820 S Minnesota Ave is a 7 beds, 4 baths, 2,533 sqft multi-family home for sale at $395,000 in Saint Peter MN 56082. At 20% down it rents for an estimated $4,000/mo and returns $1,180/mo a month at a 10.3% 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
- $4,000/mo
- Monthly cash flow
- $1,180/mo
- Cap rate
- 10.3%
- Cash-on-cash
- 17.9%
- Max offer
- $395,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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