For saleMulti-family
$455,000
5453 28th Ave S
Minneapolis MN 55417
6 beds, 4 baths, 2,290 sqft
5453 28th Ave S is a 6 beds, 4 baths, 2,290 sqft multi-family home for sale at $455,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $3,650/mo and returns $402/mo a month at a 7.7% 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
- $3,650/mo
- Monthly cash flow
- $402/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.3%
- Max offer
- $430,500
Offer ≤ $430,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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