For saleMulti-family

$555,000

5636 Cedar Ave S

Minneapolis MN 55417

6 beds, 4 baths, 2,815 sqft

5636 Cedar Ave S is a 6 beds, 4 baths, 2,815 sqft multi-family home for sale at $555,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $5,250/mo and returns $1,357/mo a month at a 9.5% 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
$5,250/mo
Monthly cash flow
$1,357/mo
Cap rate
9.5%
Cash-on-cash
14.7%
Max offer
$555,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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