For saleMulti-family

$336,000

2124 Fremont Ave N

Minneapolis MN 55411

5 beds, 2 baths, 2,346 sqft

2124 Fremont Ave N is a 5 beds, 2 baths, 2,346 sqft multi-family home for sale at $336,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $4,200/mo and returns $1,896/mo a month at a 13.1% 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
$4,200/mo
Monthly cash flow
$1,896/mo
Cap rate
13.1%
Cash-on-cash
33.9%
Max offer
$336,000

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

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