For saleMulti-family
$333,000
628 4th St NE
Minneapolis MN 55413
3 beds, 2 baths, 2,016 sqft
628 4th St NE is a 3 beds, 2 baths, 2,016 sqft multi-family home for sale at $333,000 in Minneapolis MN 55413. At 20% down it rents for an estimated $3,550/mo and returns $1,266/mo a month at a 10.9% 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
- $3,550/mo
- Monthly cash flow
- $1,266/mo
- Cap rate
- 10.9%
- Cash-on-cash
- 22.8%
- Max offer
- $333,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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