For saleMulti-family
$625,000
3831 Grand Ave S
Minneapolis MN 55409
7 beds, 4 baths, 3,444 sqft
3831 Grand Ave S is a 7 beds, 4 baths, 3,444 sqft multi-family home for sale at $625,000 in Minneapolis MN 55409. At 20% down it rents for an estimated $5,950/mo and returns $1,488/mo a month at a 9.5% 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
- $5,950/mo
- Monthly cash flow
- $1,488/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.3%
- Max offer
- $625,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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