For saleMulti-family

$175,000

6 E 34th St

Minneapolis MN 55408

4 beds, 4 baths, 3,808 sqft

6 E 34th St is a 4 beds, 4 baths, 3,808 sqft multi-family home for sale at $175,000 in Minneapolis MN 55408. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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Strong fitMulti-family95d on market

$175,000

6 E 34th St

Minneapolis MN 55408

4 beds4 baths3,808 sqft
99
Deal score
Est. rent
$3,350/mo
Cash flow
$2,271/mo
Cap rate
21.4%
Cash-on-cash
62.3%
Max offer
$175,000
Rental verdict

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Pro forma

Cash flow
$2,271/mo
Cap rate
21.4%
Cash-on-cash
62.3%
DSCR
3.68
Down payment25.0% · $43,750
Interest rate6.69%
Monthly rent$3,350/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $770/mo for management, vacancy, maintenance and CapEx) would put cash flow at $1,500/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$846
  • Property tax$175
  • Insurance$58
  • Total payment$1,079/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$43,750
  • Closing costs (~3%: title, lender, prepaid escrow)$5,250
  • Reserves (2 months of payments)$2,159
  • Total cash to close$51,159

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

6 E 34th St in context — the streets, water and amenities around it.

Street View ↗

Property details

6 E 34th St · Minneapolis MN 55408

Beds
4
Baths
4
Square feet
3,808
Price / sqft
$46
Home type
Duplex
Days on market
95 days
HOA
Not reported
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.