For saleMulti-family

$299,900

2641 Pillsbury Ave S

Minneapolis MN 55408

2 beds, 2 baths, 1,427 sqft

2641 Pillsbury Ave S is a 2 beds, 2 baths, 1,427 sqft multi-family home for sale at $299,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $2,600/mo and returns $497/mo a month at a 8.5% 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
$2,600/mo
Monthly cash flow
$497/mo
Cap rate
8.5%
Cash-on-cash
9.9%
Max offer
$299,900

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

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