For saleMulti-family
$300,000
726 Morgan Ave N
Minneapolis MN 55411
6 beds, 2 baths, 2,112 sqft
726 Morgan Ave N is a 6 beds, 2 baths, 2,112 sqft multi-family home for sale at $300,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $3,800/mo and returns $1,658/mo a month at a 13.3% 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
- $3,800/mo
- Monthly cash flow
- $1,658/mo
- Cap rate
- 13.3%
- Cash-on-cash
- 33.2%
- Max offer
- $300,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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