For saleMulti-family
$149,900
221 Bridge St
Le Sueur MN 56058
2 beds, 1 bath, 1,645 sqft
221 Bridge St is a 2 beds, 1 bath, 1,645 sqft multi-family home for sale at $149,900 in Le Sueur MN 56058. At 20% down it rents for an estimated $2,200/mo and returns $1,130/mo a month at a 15.7% 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
- $2,200/mo
- Monthly cash flow
- $1,130/mo
- Cap rate
- 15.7%
- Cash-on-cash
- 45.2%
- Max offer
- $149,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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