For saleMulti-family

$449,000

829 25th Ave SE

Minneapolis MN 55414

5 beds, 3 baths, 1,581 sqft

829 25th Ave SE is a 5 beds, 3 baths, 1,581 sqft multi-family home for sale at $449,000 in Minneapolis MN 55414. At 20% down it rents for an estimated $4,950/mo and returns $1,745/mo a month at a 11.3% 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
$4,950/mo
Monthly cash flow
$1,745/mo
Cap rate
11.3%
Cash-on-cash
23.3%
Max offer
$449,000

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

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