For saleMulti-family
$399,000
2841 36th Ave S
Minneapolis MN 55406
4 beds, 3 baths, 1,648 sqft
2841 36th Ave S is a 4 beds, 3 baths, 1,648 sqft multi-family home for sale at $399,000 in Minneapolis MN 55406. At 20% down it rents for an estimated $3,100/mo and returns $252/mo a month at a 7.4% 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
- $3,100/mo
- Monthly cash flow
- $252/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.8%
- Max offer
- $366,000
Offer ≤ $366,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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