For saleMulti-family
$475,000
2050 W Broadway Ave
Minneapolis MN 55411
8 beds, 3 baths, 3,259 sqft
2050 W Broadway Ave is a 8 beds, 3 baths, 3,259 sqft multi-family home for sale at $475,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $5,250/mo and returns $1,859/mo a month at a 11.4% 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
- $1,859/mo
- Cap rate
- 11.4%
- Cash-on-cash
- 23.5%
- Max offer
- $475,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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