For saleMulti-family
$419,900
2249 Louisiana Ave S
Saint Louis Park MN 55426
4 beds, 2 baths, 1,984 sqft
2249 Louisiana Ave S is a 4 beds, 2 baths, 1,984 sqft multi-family home for sale at $419,900 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $3,600/mo and returns $655/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
- $3,600/mo
- Monthly cash flow
- $655/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.4%
- Max offer
- $419,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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