For saleMulti-family
$300,000
917-919 Weeks Ave SE
Minneapolis MN 55414
2 beds, 2 baths, 1,250 sqft
917-919 Weeks Ave SE is a 2 beds, 2 baths, 1,250 sqft multi-family home for sale at $300,000 in Minneapolis MN 55414. At 20% down it rents for an estimated $2,500/mo and returns $396/mo a month at a 8.1% 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
- $2,500/mo
- Monthly cash flow
- $396/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.9%
- Max offer
- $299,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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