For saleMulti-family
$449,900
4162 Adair Ave N
Robbinsdale MN 55422
6 beds, 4 baths, 3,604 sqft
4162 Adair Ave N is a 6 beds, 4 baths, 3,604 sqft multi-family home for sale at $449,900 in Robbinsdale MN 55422. At 20% down it rents for an estimated $3,650/mo and returns $438/mo a month at a 7.8% 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
- $3,650/mo
- Monthly cash flow
- $438/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.8%
- Max offer
- $430,500
Offer ≤ $430,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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