For saleMulti-family
$474,900
3733 Portland Ave
Minneapolis MN 55407
6 beds, 2 baths, 2,474 sqft
3733 Portland Ave is a 6 beds, 2 baths, 2,474 sqft multi-family home for sale at $474,900 in Minneapolis MN 55407. At 20% down it rents for an estimated $3,800/mo and returns $410/mo a month at a 7.7% 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
- $3,800/mo
- Monthly cash flow
- $410/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.2%
- Max offer
- $448,500
Offer ≤ $448,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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