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 $2,550/mo and returns $444/mo a month at a 8.5% 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
- $2,550/mo
- Monthly cash flow
- $444/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.0%
- Max offer
- $295,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading