For saleMulti-family

$300,000

2410 James Ave N

Minneapolis MN 55411

6 beds, 2 baths, 2,112 sqft

2410 James Ave N is a 6 beds, 2 baths, 2,112 sqft multi-family home for sale at $300,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $4,200/mo and returns $2,096/mo a month at a 14.9% 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
$4,200/mo
Monthly cash flow
$2,096/mo
Cap rate
14.9%
Cash-on-cash
41.9%
Max offer
$300,000

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

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