For saleMulti-family
$334,900
706 N 8th St
Saint Peter MN 56082
5 beds, 3 baths, 2,224 sqft
706 N 8th St is a 5 beds, 3 baths, 2,224 sqft multi-family home for sale at $334,900 in Saint Peter MN 56082. At 20% down it rents for an estimated $1,650/mo and returns -$741/mo a month at a 4.0% 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
- $1,650/mo
- Monthly cash flow
- -$741/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.3%
- Max offer
- $195,500
Offer ≤ $195,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading