For saleMulti-family
$409,900
808 9th Ave SE
Minneapolis MN 55414
6 beds, 2 baths, 2,079 sqft
808 9th Ave SE is a 6 beds, 2 baths, 2,079 sqft multi-family home for sale at $409,900 in Minneapolis MN 55414. At 20% down it rents for an estimated $4,300/mo and returns $1,425/mo a month at a 10.7% 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
- $4,300/mo
- Monthly cash flow
- $1,425/mo
- Cap rate
- 10.7%
- Cash-on-cash
- 20.9%
- Max offer
- $409,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.