For saleMulti-family
$399,000
3113 Harriet Ave
Minneapolis MN 55408
7 beds, 2 baths, 2,137 sqft
3113 Harriet Ave is a 7 beds, 2 baths, 2,137 sqft multi-family home for sale at $399,000 in Minneapolis MN 55408. At 20% down it rents for an estimated $4,400/mo and returns $1,602/mo a month at a 11.3% 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
- $4,400/mo
- Monthly cash flow
- $1,602/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 24.1%
- Max offer
- $399,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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