For saleMulti-family

$599,000

3012 Bryant Ave S

Minneapolis MN 55408

10 beds, 4 baths, 3,848 sqft

3012 Bryant Ave S is a 10 beds, 4 baths, 3,848 sqft multi-family home for sale at $599,000 in Minneapolis MN 55408. At 20% down it rents for an estimated $5,550/mo and returns $1,349/mo a month at a 9.2% 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
$5,550/mo
Monthly cash flow
$1,349/mo
Cap rate
9.2%
Cash-on-cash
13.5%
Max offer
$599,000

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

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