For saleMulti-family

$450,000

50 Arthur Ave SE

Minneapolis MN 55414

6 beds, 3 baths, 2,290 sqft

50 Arthur Ave SE is a 6 beds, 3 baths, 2,290 sqft multi-family home for sale at $450,000 in Minneapolis MN 55414. At 20% down it rents for an estimated $5,100/mo and returns $1,944/mo a month at a 11.7% 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
$5,100/mo
Monthly cash flow
$1,944/mo
Cap rate
11.7%
Cash-on-cash
25.9%
Max offer
$450,000

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

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