For saleMulti-family
$499,000
2206 Arthur St NE
Minneapolis MN 55418
5 beds, 3 baths, 2,618 sqft
2206 Arthur St NE is a 5 beds, 3 baths, 2,618 sqft multi-family home for sale at $499,000 in Minneapolis MN 55418. At 20% down it rents for an estimated $4,300/mo and returns $800/mo a month at a 8.4% 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
- $4,300/mo
- Monthly cash flow
- $800/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.6%
- Max offer
- $499,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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