For saleMulti-family
$230,000
3905 6th St N
Minneapolis MN 55412
3 beds, 2 baths, 1,782 sqft
3905 6th St N is a 3 beds, 2 baths, 1,782 sqft multi-family home for sale at $230,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,600/mo and returns $958/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
- $2,600/mo
- Monthly cash flow
- $958/mo
- Cap rate
- 11.7%
- Cash-on-cash
- 25.0%
- Max offer
- $230,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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