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 $10,000/mo and returns $4,347/mo a month at a 12.6% 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
$10,000/mo
Monthly cash flow
$4,347/mo
Cap rate
12.6%
Cash-on-cash
31.6%
Max offer
$825,000

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

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