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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