For saleMulti-family
$484,900
2834 15th Ave S
Minneapolis MN 55407
8 beds, 3 baths, 2,850 sqft
2834 15th Ave S is a 8 beds, 3 baths, 2,850 sqft multi-family home for sale at $484,900 in Minneapolis MN 55407. At 20% down it rents for an estimated $4,900/mo and returns $1,438/mo a month at a 10.2% 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
- $4,900/mo
- Monthly cash flow
- $1,438/mo
- Cap rate
- 10.2%
- Cash-on-cash
- 17.8%
- Max offer
- $484,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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