For saleMulti-family
$299,000
875 7th St SW
Pine City MN 55063
1 bed, 3 baths, 3,000 sqft
875 7th St SW is a 1 bed, 3 baths, 3,000 sqft multi-family home for sale at $299,000 in Pine City MN 55063. At 20% down it rents for an estimated $2,750/mo and returns $653/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
- $2,750/mo
- Monthly cash flow
- $653/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 13.1%
- Max offer
- $299,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.