For saleMulti-family

$750,000

901 4th St NE

Minneapolis MN 55413

7 beds, 4 baths, 3,472 sqft

901 4th St NE is a 7 beds, 4 baths, 3,472 sqft multi-family home for sale at $750,000 in Minneapolis MN 55413. At 20% down it rents for an estimated $7,000/mo and returns $1,740/mo a month at a 9.3% 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
$7,000/mo
Monthly cash flow
$1,740/mo
Cap rate
9.3%
Cash-on-cash
13.9%
Max offer
$750,000

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

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