For saleMulti-family

$465,000

3952 Oakland Ave

Minneapolis MN 55407

4 beds, 3 baths, 2,292 sqft

3952 Oakland Ave is a 4 beds, 3 baths, 2,292 sqft multi-family home for sale at $465,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $3,400/mo and returns $139/mo a month at a 6.9% 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
$3,400/mo
Monthly cash flow
$139/mo
Cap rate
6.9%
Cash-on-cash
1.8%
Max offer
$407,500

Offer ≤ $407,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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