For saleMulti-family
$425,000
1826 Jackson St NE
Minneapolis MN 55418
4 beds, 2 baths, 1,880 sqft
1826 Jackson St NE is a 4 beds, 2 baths, 1,880 sqft multi-family home for sale at $425,000 in Minneapolis MN 55418. At 20% down it rents for an estimated $3,050/mo and returns $69/mo a month at a 6.7% 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
- $3,050/mo
- Monthly cash flow
- $69/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 1.0%
- Max offer
- $365,500
Offer ≤ $365,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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