For saleMulti-family
$599,900
2121 Harriet Ave
Minneapolis MN 55405
7 beds, 3 baths, 3,152 sqft
2121 Harriet Ave is a 7 beds, 3 baths, 3,152 sqft multi-family home for sale at $599,900 in Minneapolis MN 55405. At 20% down it rents for an estimated $5,250/mo and returns $1,043/mo a month at a 8.6% 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
- $5,250/mo
- Monthly cash flow
- $1,043/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 10.4%
- Max offer
- $599,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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