For saleMulti-family

$239,900

1209 Quince St

Brainerd MN 56401

2 beds, 2 baths, 1,369 sqft

1209 Quince St is a 2 beds, 2 baths, 1,369 sqft multi-family home for sale at $239,900 in Brainerd MN 56401. At 20% down it rents for an estimated $2,550/mo and returns $867/mo a month at a 10.9% 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
$2,550/mo
Monthly cash flow
$867/mo
Cap rate
10.9%
Cash-on-cash
21.7%
Max offer
$239,900

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

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