For saleMulti-family
$395,000
1034 14th Ave SE
Minneapolis MN 55414
4 beds, 2 baths, 2,033 sqft
1034 14th Ave SE is a 4 beds, 2 baths, 2,033 sqft multi-family home for sale at $395,000 in Minneapolis MN 55414. At 20% down it rents for an estimated $3,200/mo and returns $380/mo a month at a 7.8% 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
- $3,200/mo
- Monthly cash flow
- $380/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.8%
- Max offer
- $377,500
Offer ≤ $377,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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