For saleMulti-family
$429,000
1094 25th Ave SE
Minneapolis MN 55414
6 beds, 2 baths, 2,016 sqft
1094 25th Ave SE is a 6 beds, 2 baths, 2,016 sqft multi-family home for sale at $429,000 in Minneapolis MN 55414. At 20% down it rents for an estimated $2,850/mo and returns -$213/mo a month at a 6.1% 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
- $2,850/mo
- Monthly cash flow
- -$213/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -3.0%
- Max offer
- $337,000
Offer ≤ $337,000 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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