For saleMulti-family
$875,000
5037/5039 Abbott Ave S
Minneapolis MN 55410
6 beds, 3 baths, 2,746 sqft
5037/5039 Abbott Ave S is a 6 beds, 3 baths, 2,746 sqft multi-family home for sale at $875,000 in Minneapolis MN 55410. At 20% down it rents for an estimated $8,400/mo and returns $2,154/mo a month at a 9.6% 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
- $8,400/mo
- Monthly cash flow
- $2,154/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 14.8%
- Max offer
- $875,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading