For saleMulti-family
$289,900
921 27th Ave SE
Minneapolis MN 55414
4 beds, 2 baths, 1,872 sqft
921 27th Ave SE is a 4 beds, 2 baths, 1,872 sqft multi-family home for sale at $289,900 in Minneapolis MN 55414. At 20% down it rents for an estimated $3,300/mo and returns $1,230/mo a month at a 11.8% 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
- $3,300/mo
- Monthly cash flow
- $1,230/mo
- Cap rate
- 11.8%
- Cash-on-cash
- 25.5%
- Max offer
- $289,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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