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 $4,600/mo and returns $638/mo a month at a 8.0% 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
- $4,600/mo
- Monthly cash flow
- $638/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.9%
- Max offer
- $543,000
Offer ≤ $543,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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