For saleMulti-family

$255,000

4130 Aldrich Ave N

Minneapolis MN 55412

4 beds, 2 baths, 2,203 sqft

4130 Aldrich Ave N is a 4 beds, 2 baths, 2,203 sqft multi-family home for sale at $255,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $3,400/mo and returns $1,651/mo a month at a 14.1% 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
$3,400/mo
Monthly cash flow
$1,651/mo
Cap rate
14.1%
Cash-on-cash
38.9%
Max offer
$255,000

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

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