For saleMulti-family

$174,619

510 Arnold Ave N

Thief River Falls MN 56701

4 beds, 3 baths, 3,692 sqft

510 Arnold Ave N is a 4 beds, 3 baths, 3,692 sqft multi-family home for sale at $174,619 in Thief River Falls MN 56701. At 20% down it rents for an estimated $1,600/mo and returns $375/mo a month at a 9.1% 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
$1,600/mo
Monthly cash flow
$375/mo
Cap rate
9.1%
Cash-on-cash
12.9%
Max offer
$174,619

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

Loading listing…

Fetching the market snapshot.