For saleMulti-family
$519,900
2215 Pleasant Ave
Minneapolis MN 55404
6 beds, 2 baths, 3,764 sqft
2215 Pleasant Ave is a 6 beds, 2 baths, 3,764 sqft multi-family home for sale at $519,900 in Minneapolis MN 55404. At 20% down it rents for an estimated $4,400/mo and returns $754/mo a month at a 8.3% 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
- $4,400/mo
- Monthly cash flow
- $754/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.7%
- Max offer
- $519,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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