For saleMulti-family
$375,000
2812 12th Ave S
Minneapolis MN 55407
8 beds, 2 baths, 2,446 sqft
2812 12th Ave S is a 8 beds, 2 baths, 2,446 sqft multi-family home for sale at $375,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $2,750/mo and returns $120/mo a month at a 6.9% 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
- $120/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.9%
- Max offer
- $329,500
Offer ≤ $329,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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