For saleMulti-family

$295,000

2832 27th Ave S

Minneapolis MN 55406

3 beds, 2 baths, 1,510 sqft

2832 27th Ave S is a 3 beds, 2 baths, 1,510 sqft multi-family home for sale at $295,000 in Minneapolis MN 55406. At 20% down it rents for an estimated $3,400/mo and returns $1,331/mo a month at a 11.9% 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
$3,400/mo
Monthly cash flow
$1,331/mo
Cap rate
11.9%
Cash-on-cash
27.1%
Max offer
$295,000

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

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