For saleMulti-family

$409,900

3300 41st Ave S

Minneapolis MN 55406

6 beds, 3 baths, 2,052 sqft

3300 41st Ave S is a 6 beds, 3 baths, 2,052 sqft multi-family home for sale at $409,900 in Minneapolis MN 55406. At 20% down it rents for an estimated $4,100/mo and returns $1,225/mo a month at a 10.1% 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
$4,100/mo
Monthly cash flow
$1,225/mo
Cap rate
10.1%
Cash-on-cash
17.9%
Max offer
$409,900

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

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