For saleMulti-family
$275,000
3236 James Ave N
Minneapolis MN 55412
4 beds, 2 baths, 1,824 sqft
3236 James Ave N is a 4 beds, 2 baths, 1,824 sqft multi-family home for sale at $275,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,500/mo and returns $537/mo a month at a 9.0% 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
- $2,500/mo
- Monthly cash flow
- $537/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.7%
- Max offer
- $275,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading