For saleMulti-family
$349,900
410 3rd Ave
Proctor MN 55810
4 beds, 4 baths, 1,200 sqft
410 3rd Ave is a 4 beds, 4 baths, 1,200 sqft multi-family home for sale at $349,900 in Proctor MN 55810. At 20% down it rents for an estimated $3,300/mo and returns $846/mo a month at a 9.4% 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
- $3,300/mo
- Monthly cash flow
- $846/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 14.5%
- Max offer
- $349,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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