For saleMulti-family
$495,000
2913 18th Ave S
Minneapolis MN 55407
8 beds, 4 baths, 3,188 sqft
2913 18th Ave S is a 8 beds, 4 baths, 3,188 sqft multi-family home for sale at $495,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $6,800/mo and returns $3,328/mo a month at a 14.6% 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
- $6,800/mo
- Monthly cash flow
- $3,328/mo
- Cap rate
- 14.6%
- Cash-on-cash
- 40.3%
- Max offer
- $495,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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