For saleMulti-family
$335,000
2200 N 6th St
Minneapolis MN 55411
6 beds, 4 baths, 2,656 sqft
2200 N 6th St is a 6 beds, 4 baths, 2,656 sqft multi-family home for sale at $335,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $3,000/mo and returns $609/mo a month at a 8.8% 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
- $3,000/mo
- Monthly cash flow
- $609/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.9%
- Max offer
- $335,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading