For saleMulti-family
$1,150,000
2535 Aldrich Ave S
Minneapolis MN 55405
11 beds, 5 baths, 5,225 sqft
2535 Aldrich Ave S is a 11 beds, 5 baths, 5,225 sqft multi-family home for sale at $1,150,000 in Minneapolis MN 55405. At 20% down it rents for an estimated $8,800/mo and returns $734/mo a month at a 7.3% 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
- $8,800/mo
- Monthly cash flow
- $734/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.8%
- Max offer
- $1,054,500
Offer ≤ $1,054,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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