For saleMulti-family

$285,000

1916 10th Ave S

Minneapolis MN 55404

4 beds, 2 baths, 1,680 sqft

1916 10th Ave S is a 4 beds, 2 baths, 1,680 sqft multi-family home for sale at $285,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $3,500/mo and returns $1,501/mo a month at a 12.8% 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
$3,500/mo
Monthly cash flow
$1,501/mo
Cap rate
12.8%
Cash-on-cash
31.6%
Max offer
$285,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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