For saleMulti-family

$325,000

825 18th Ave NE

Minneapolis MN 55418

7 beds, 2 baths, 1,900 sqft

825 18th Ave NE is a 7 beds, 2 baths, 1,900 sqft multi-family home for sale at $325,000 in Minneapolis MN 55418. At 20% down it rents for an estimated $4,300/mo and returns $2,021/mo a month at a 14.0% 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
$4,300/mo
Monthly cash flow
$2,021/mo
Cap rate
14.0%
Cash-on-cash
37.3%
Max offer
$325,000

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

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