For saleMulti-family
$649,900
2731 Fremont Ave S
Minneapolis MN 55408
6 beds, 3 baths, 3,515 sqft
2731 Fremont Ave S is a 6 beds, 3 baths, 3,515 sqft multi-family home for sale at $649,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $3,400/mo and returns -$1,239/mo a month at a 4.4% 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
- $3,400/mo
- Monthly cash flow
- -$1,239/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.4%
- Max offer
- $402,500
Offer ≤ $402,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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