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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