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 $5,000/mo and returns $2,623/mo a month at a 16.1% 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
- $5,000/mo
- Monthly cash flow
- $2,623/mo
- Cap rate
- 16.1%
- Cash-on-cash
- 47.3%
- Max offer
- $333,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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