For saleMulti-family
$274,900
5024 N 6th St
Minneapolis MN 55430
4 beds, 2 baths, 2,164 sqft
5024 N 6th St is a 4 beds, 2 baths, 2,164 sqft multi-family home for sale at $274,900 in Minneapolis MN 55430. At 20% down it rents for an estimated $3,400/mo and returns $1,472/mo a month at a 12.9% 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
- $3,400/mo
- Monthly cash flow
- $1,472/mo
- Cap rate
- 12.9%
- Cash-on-cash
- 32.1%
- Max offer
- $274,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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