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 $5,700/mo and returns $931/mo a month at a 8.2% 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
$5,700/mo
Monthly cash flow
$931/mo
Cap rate
8.2%
Cash-on-cash
8.2%
Max offer
$680,000

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

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