For saleMulti-family
$649,000
2121 13th Ave S
Minneapolis MN 55404
12 beds, 6 baths, 5,542 sqft
2121 13th Ave S is a 12 beds, 6 baths, 5,542 sqft multi-family home for sale at $649,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $6,400/mo and returns $1,767/mo a month at a 9.9% 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
- $6,400/mo
- Monthly cash flow
- $1,767/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.3%
- Max offer
- $649,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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