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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