For saleMulti-family
$900,000
5424 32nd Ave S
Minneapolis MN 55417
9 beds, 6 baths, 5,400 sqft
5424 32nd Ave S is a 9 beds, 6 baths, 5,400 sqft multi-family home for sale at $900,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $7,350/mo and returns $925/mo a month at a 7.9% 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
- $7,350/mo
- Monthly cash flow
- $925/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.2%
- Max offer
- $867,500
Offer ≤ $867,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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