For saleMulti-family

$525,000

5936 Washburn Ave S

Minneapolis MN 55410

6 beds, 2 baths, 2,220 sqft

5936 Washburn Ave S is a 6 beds, 2 baths, 2,220 sqft multi-family home for sale at $525,000 in Minneapolis MN 55410. At 20% down it rents for an estimated $4,600/mo and returns $918/mo a month at a 8.6% 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
$4,600/mo
Monthly cash flow
$918/mo
Cap rate
8.6%
Cash-on-cash
10.5%
Max offer
$525,000

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

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