For saleMulti-family

$394,900

958 26th Ave NE

Minneapolis MN 55418

5 beds, 2 baths, 2,574 sqft

958 26th Ave NE is a 5 beds, 2 baths, 2,574 sqft multi-family home for sale at $394,900 in Minneapolis MN 55418. At 20% down it rents for an estimated $4,300/mo and returns $1,530/mo a month at a 11.2% 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
$4,300/mo
Monthly cash flow
$1,530/mo
Cap rate
11.2%
Cash-on-cash
23.3%
Max offer
$394,900

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

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