For saleMulti-family
$775,000
230 Hallam Ave S
Mahtomedi MN 55115
12 beds, 4 baths, 4,352 sqft
230 Hallam Ave S is a 12 beds, 4 baths, 4,352 sqft multi-family home for sale at $775,000 in Mahtomedi MN 55115. At 20% down it rents for an estimated $6,350/mo and returns $817/mo a month at a 7.9% 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
- $6,350/mo
- Monthly cash flow
- $817/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.3%
- Max offer
- $749,500
Offer ≤ $749,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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