For saleMulti-family
$295,000
820 18th Ave N
Minneapolis MN 55411
4 beds, 2 baths, 2,208 sqft
820 18th Ave N is a 4 beds, 2 baths, 2,208 sqft multi-family home for sale at $295,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $3,600/mo and returns $1,531/mo a month at a 12.7% 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
- $3,600/mo
- Monthly cash flow
- $1,531/mo
- Cap rate
- 12.7%
- Cash-on-cash
- 31.1%
- Max offer
- $295,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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