For saleMulti-family

$400,000

5749 Bloomington Ave

Minneapolis MN 55417

4 beds, 2 baths, 1,844 sqft

5749 Bloomington Ave is a 4 beds, 2 baths, 1,844 sqft multi-family home for sale at $400,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $3,500/mo and returns $695/mo a month at a 8.6% 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
$3,500/mo
Monthly cash flow
$695/mo
Cap rate
8.6%
Cash-on-cash
10.4%
Max offer
$400,000

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

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