For saleMulti-family
$749,900
2549 11th Ave S
Minneapolis MN 55404
10 beds, 5 baths, 3,822 sqft
2549 11th Ave S is a 10 beds, 5 baths, 3,822 sqft multi-family home for sale at $749,900 in Minneapolis MN 55404. At 20% down it rents for an estimated $6,550/mo and returns $1,197/mo a month at a 8.6% 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
- $6,550/mo
- Monthly cash flow
- $1,197/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.6%
- Max offer
- $749,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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