For saleMulti-family

$585,000

2732 Pillsbury Ave S

Minneapolis MN 55408

5 beds, 3 baths, 3,058 sqft

2732 Pillsbury Ave S is a 5 beds, 3 baths, 3,058 sqft multi-family home for sale at $585,000 in Minneapolis MN 55408. At 20% down it rents for an estimated $5,250/mo and returns $1,147/mo a month at a 8.9% 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
$5,250/mo
Monthly cash flow
$1,147/mo
Cap rate
8.9%
Cash-on-cash
11.8%
Max offer
$585,000

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

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