For saleMulti-family
$750,000
4517 Aldrich Ave S
Minneapolis MN 55419
6 beds, 3 baths, 3,060 sqft
4517 Aldrich Ave S is a 6 beds, 3 baths, 3,060 sqft multi-family home for sale at $750,000 in Minneapolis MN 55419. At 20% down it rents for an estimated $5,250/mo and returns -$10/mo a month at a 6.5% 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
- $5,250/mo
- Monthly cash flow
- -$10/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.1%
- Max offer
- $629,000
Offer ≤ $629,000 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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