For saleMulti-family
$425,000
2218 4th Ave N
Minneapolis MN 55405
9 beds, 3 baths, 3,400 sqft
2218 4th Ave N is a 9 beds, 3 baths, 3,400 sqft multi-family home for sale at $425,000 in Minneapolis MN 55405. At 20% down it rents for an estimated $6,300/mo and returns $3,319/mo a month at a 15.9% 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
- $6,300/mo
- Monthly cash flow
- $3,319/mo
- Cap rate
- 15.9%
- Cash-on-cash
- 46.9%
- Max offer
- $425,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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