For saleMulti-family
$500,000
1818 13th Ave S
Minneapolis MN 55404
8 beds, 3 baths, 3,967 sqft
1818 13th Ave S is a 8 beds, 3 baths, 3,967 sqft multi-family home for sale at $500,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $4,300/mo and returns $793/mo a month at a 8.4% 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
- $4,300/mo
- Monthly cash flow
- $793/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.5%
- Max offer
- $500,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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