For saleMulti-family
$304,900
2827 Lyndale Ave N
Minneapolis MN 55411
4 beds, 3 baths, 2,491 sqft
2827 Lyndale Ave N is a 4 beds, 3 baths, 2,491 sqft multi-family home for sale at $304,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,650/mo and returns $512/mo a month at a 8.5% 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
- $2,650/mo
- Monthly cash flow
- $512/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 10.1%
- Max offer
- $304,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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