For saleMulti-family
$639,900
4348 Minnehaha Ave
Minneapolis MN 55406
8 beds, 4 baths, 2,912 sqft
4348 Minnehaha Ave is a 8 beds, 4 baths, 2,912 sqft multi-family home for sale at $639,900 in Minneapolis MN 55406. At 20% down it rents for an estimated $5,300/mo and returns $812/mo a month at a 8.0% 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
- $5,300/mo
- Monthly cash flow
- $812/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 7.6%
- Max offer
- $634,500
Offer ≤ $634,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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