For saleMulti-family
$375,000
606 20th Ave S
Minneapolis MN 55454
4 beds, 2 baths, 2,052 sqft
606 20th Ave S is a 4 beds, 2 baths, 2,052 sqft multi-family home for sale at $375,000 in Minneapolis MN 55454. At 20% down it rents for an estimated $3,500/mo and returns $870/mo a month at a 9.3% 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
- $3,500/mo
- Monthly cash flow
- $870/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.9%
- Max offer
- $375,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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