For saleMulti-family
$424,900
2727 Harriet Ave
Minneapolis MN 55408
4 beds, 2 baths, 2,238 sqft
2727 Harriet Ave is a 4 beds, 2 baths, 2,238 sqft multi-family home for sale at $424,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $3,500/mo and returns $520/mo a month at a 8.0% 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
- $3,500/mo
- Monthly cash flow
- $520/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 7.3%
- Max offer
- $419,000
Offer ≤ $419,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.