For saleMulti-family
$450,000
1098 26th Ave SE
Minneapolis MN 55414
8 beds, 4 baths, 2,850 sqft
1098 26th Ave SE is a 8 beds, 4 baths, 2,850 sqft multi-family home for sale at $450,000 in Minneapolis MN 55414. At 20% down it rents for an estimated $4,300/mo and returns $1,144/mo a month at a 9.6% 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
- $4,300/mo
- Monthly cash flow
- $1,144/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 15.3%
- Max offer
- $450,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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