For saleMulti-family

$260,000

3126 Logan Ave N

Minneapolis MN 55411

4 beds, 2 baths, 2,040 sqft

3126 Logan Ave N is a 4 beds, 2 baths, 2,040 sqft multi-family home for sale at $260,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $3,600/mo and returns $1,817/mo a month at a 14.7% 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
$3,600/mo
Monthly cash flow
$1,817/mo
Cap rate
14.7%
Cash-on-cash
41.9%
Max offer
$260,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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