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 $6,400/mo and returns $1,046/mo a month at a 8.3% 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
- $6,400/mo
- Monthly cash flow
- $1,046/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.4%
- Max offer
- $750,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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