For saleMulti-family
$900,000
1911 E 32nd St
Minneapolis MN 55407
9 beds, 6 baths, 5,400 sqft
1911 E 32nd St is a 9 beds, 6 baths, 5,400 sqft multi-family home for sale at $900,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $6,600/mo and returns $288/mo a month at a 6.9% 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
- $6,600/mo
- Monthly cash flow
- $288/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.9%
- Max offer
- $791,000
Offer ≤ $791,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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