For saleMulti-family
$569,900
2208 Milwaukee Ave
Minneapolis MN 55404
4 beds, 3 baths, 3,381 sqft
2208 Milwaukee Ave is a 4 beds, 3 baths, 3,381 sqft multi-family home for sale at $569,900 in Minneapolis MN 55404. At 20% down it rents for an estimated $3,000/mo and returns -$1,068/mo a month at a 4.4% 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
- $3,000/mo
- Monthly cash flow
- -$1,068/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.2%
- Max offer
- $355,500
Offer ≤ $355,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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