For saleMulti-family

$275,000

1415 44th Ave N

Minneapolis MN 55412

4 beds, 3 baths, 2,474 sqft

1415 44th Ave N is a 4 beds, 3 baths, 2,474 sqft multi-family home for sale at $275,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,600/mo and returns $671/mo a month at a 9.4% 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
$2,600/mo
Monthly cash flow
$671/mo
Cap rate
9.4%
Cash-on-cash
14.6%
Max offer
$275,000

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

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