For saleMulti-family
$1,200,000
1221 1223 Mount Curve Ave
Minneapolis MN 55403
7 beds, 5 baths, 5,338 sqft
1221 1223 Mount Curve Ave is a 7 beds, 5 baths, 5,338 sqft multi-family home for sale at $1,200,000 in Minneapolis MN 55403. At 20% down it rents for an estimated $4,000/mo and returns -$4,567/mo a month at a 2.1% 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
- $4,000/mo
- Monthly cash flow
- -$4,567/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.8%
- Max offer
- $476,500
Offer ≤ $476,500 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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