For saleMulti-family

$190,000

810 30th Ave N

Minneapolis MN 55411

3 beds, 2 baths, 2,600 sqft

810 30th Ave N is a 3 beds, 2 baths, 2,600 sqft multi-family home for sale at $190,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,400/mo and returns $1,067/mo a month at a 13.3% 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
$2,400/mo
Monthly cash flow
$1,067/mo
Cap rate
13.3%
Cash-on-cash
33.7%
Max offer
$190,000

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

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