For saleMulti-family
$374,900
3429 Aldrich Ave S
Minneapolis MN 55408
3 beds, 2 baths, 1,623 sqft
3429 Aldrich Ave S is a 3 beds, 2 baths, 1,623 sqft multi-family home for sale at $374,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $3,200/mo and returns $524/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
- $3,200/mo
- Monthly cash flow
- $524/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.4%
- Max offer
- $374,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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