For saleMulti-family
$399,900
3241 Cedar Ave S
Minneapolis MN 55407
5 beds, 3 baths, 3,000 sqft
3241 Cedar Ave S is a 5 beds, 3 baths, 3,000 sqft multi-family home for sale at $399,900 in Minneapolis MN 55407. At 20% down it rents for an estimated $4,000/mo and returns $1,195/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
- $4,000/mo
- Monthly cash flow
- $1,195/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.9%
- Max offer
- $399,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.