For saleMulti-family
$379,900
4255 Thomas Ave N
Minneapolis MN 55412
4 beds, 4 baths, 2,550 sqft
4255 Thomas Ave N is a 4 beds, 4 baths, 2,550 sqft multi-family home for sale at $379,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $3,500/mo and returns $836/mo a month at a 9.2% 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
- $3,500/mo
- Monthly cash flow
- $836/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 13.2%
- Max offer
- $379,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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