For saleMulti-family

$445,000

3033 Park Ave S

Minneapolis MN 55407

7 beds, 4 baths, 2,775 sqft

3033 Park Ave S is a 7 beds, 4 baths, 2,775 sqft multi-family home for sale at $445,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $6,600/mo and returns $3,479/mo a month at a 15.9% 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
$6,600/mo
Monthly cash flow
$3,479/mo
Cap rate
15.9%
Cash-on-cash
46.9%
Max offer
$445,000

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

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