For saleMulti-family
$790,000
2210 Oakland Ave
Minneapolis MN 55404
12 beds, 6 baths, 4,828 sqft
2210 Oakland Ave is a 12 beds, 6 baths, 4,828 sqft multi-family home for sale at $790,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $8,800/mo and returns $3,259/mo a month at a 11.5% 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
- $8,800/mo
- Monthly cash flow
- $3,259/mo
- Cap rate
- 11.5%
- Cash-on-cash
- 24.8%
- Max offer
- $790,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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