For saleMulti-family

$339,000

2115-2117 Aldrich Ave N

Minneapolis MN 55411

4 beds, 2 baths, 2,392 sqft

2115-2117 Aldrich Ave N is a 4 beds, 2 baths, 2,392 sqft multi-family home for sale at $339,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $3,600/mo and returns $1,222/mo a month at a 10.8% 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
$3,600/mo
Monthly cash flow
$1,222/mo
Cap rate
10.8%
Cash-on-cash
21.6%
Max offer
$339,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.