For saleMulti-family
$315,000
1912 Columbus Ave
Minneapolis MN 55404
6 beds, 3 baths, 2,298 sqft
1912 Columbus Ave is a 6 beds, 3 baths, 2,298 sqft multi-family home for sale at $315,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $2,700/mo and returns $491/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
- $2,700/mo
- Monthly cash flow
- $491/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.3%
- Max offer
- $315,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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