For saleMulti-family
$680,000
2740 Lyndale Ave S
Minneapolis MN 55408
8 beds, 4 baths, 2,856 sqft
2740 Lyndale Ave S is a 8 beds, 4 baths, 2,856 sqft multi-family home for sale at $680,000 in Minneapolis MN 55408. At 20% down it rents for an estimated $6,700/mo and returns $1,846/mo a month at a 9.9% 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
- $6,700/mo
- Monthly cash flow
- $1,846/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.3%
- Max offer
- $680,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading