For saleMulti-family
$825,000
2528 17th Ave S
Minneapolis MN 55404
4,536 sqft
2528 17th Ave S is a 4,536 sqft multi-family home for sale at $825,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $9,300/mo and returns $3,411/mo a month at a 11.6% 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
- $9,300/mo
- Monthly cash flow
- $3,411/mo
- Cap rate
- 11.6%
- Cash-on-cash
- 24.8%
- Max offer
- $825,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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