For saleMulti-family

$349,000

5817 Blaisdell Ave

Minneapolis MN 55419

4 beds, 2 baths, 1,668 sqft

5817 Blaisdell Ave is a 4 beds, 2 baths, 1,668 sqft multi-family home for sale at $349,000 in Minneapolis MN 55419. At 20% down it rents for an estimated $3,600/mo and returns $1,152/mo a month at a 10.5% 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
$1,152/mo
Cap rate
10.5%
Cash-on-cash
19.8%
Max offer
$349,000

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

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