For saleMulti-family

$265,000

2825 15th Ave S

Minneapolis MN 55407

4 beds, 2 baths, 1,816 sqft

2825 15th Ave S is a 4 beds, 2 baths, 1,816 sqft multi-family home for sale at $265,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $2,650/mo and returns $791/mo a month at a 10.1% 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
$2,650/mo
Monthly cash flow
$791/mo
Cap rate
10.1%
Cash-on-cash
17.9%
Max offer
$265,000

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

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