For saleMulti-family
$369,900
1425 Jefferson St NE
Minneapolis MN 55413
6 beds, 2 baths, 2,296 sqft
1425 Jefferson St NE is a 6 beds, 2 baths, 2,296 sqft multi-family home for sale at $369,900 in Minneapolis MN 55413. At 20% down it rents for an estimated $3,350/mo and returns $709/mo a month at a 9.0% 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
- $3,350/mo
- Monthly cash flow
- $709/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.5%
- Max offer
- $369,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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