For saleMulti-family
$369,900
4301 James Ave N
Minneapolis MN 55412
3 beds, 3 baths, 1,834 sqft
4301 James Ave N is a 3 beds, 3 baths, 1,834 sqft multi-family home for sale at $369,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $3,100/mo and returns $459/mo a month at a 8.2% 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
- $3,100/mo
- Monthly cash flow
- $459/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.5%
- Max offer
- $365,500
Offer ≤ $365,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading