For saleMulti-family
$549,900
2630 Blaisdell Ave
Minneapolis MN 55408
4 beds, 4 baths, 3,164 sqft
2630 Blaisdell Ave is a 4 beds, 4 baths, 3,164 sqft multi-family home for sale at $549,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $4,550/mo and returns $624/mo a month at a 8.0% 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
- $4,550/mo
- Monthly cash flow
- $624/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.8%
- Max offer
- $537,000
Offer ≤ $537,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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