For saleMulti-family
$569,900
2507 Lyndale Ave S
Minneapolis MN 55405
5 beds, 4 baths, 3,308 sqft
2507 Lyndale Ave S is a 5 beds, 4 baths, 3,308 sqft multi-family home for sale at $569,900 in Minneapolis MN 55405. At 20% down it rents for an estimated $4,450/mo and returns $453/mo a month at a 7.5% 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
- $4,450/mo
- Monthly cash flow
- $453/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.8%
- Max offer
- $533,000
Offer ≤ $533,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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