For saleMulti-family
$549,999
1508 E 26th St
Minneapolis MN 55404
11 beds, 4 baths, 3,124 sqft
1508 E 26th St is a 11 beds, 4 baths, 3,124 sqft multi-family home for sale at $549,999 in Minneapolis MN 55404. At 20% down it rents for an estimated $5,600/mo and returns $1,674/mo a month at a 10.3% 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
- $5,600/mo
- Monthly cash flow
- $1,674/mo
- Cap rate
- 10.3%
- Cash-on-cash
- 18.3%
- Max offer
- $549,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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