$700,000
812 7th St SE
Minneapolis MN 55414
11 beds, 4 baths, 3,686 sqft
812 7th St SE is a 11 beds, 4 baths, 3,686 sqft multi-family home for sale at $700,000 in Minneapolis MN 55414. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.
$700,000
812 7th St SE
Minneapolis MN 55414
Offer ≤ $338,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Pro forma
Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $610/mo for management, vacancy, maintenance and CapEx) would put cash flow at -$2,277/mo. Set your own below.
Monthly payment (PITI)
- Principal & interest$3,384
- Property tax$700
- Insurance$233
- Total payment$4,318/mo
Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.
Cash you'd need to close (est.)
- Down payment (25.0%)$175,000
- Closing costs (~3%: title, lender, prepaid escrow)$21,000
- Reserves (2 months of payments)$8,635
- Total cash to close$204,635
An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.
Path to break-even
−$1,668/moThis loses money at asking. Here's what it would take to get to $0/mo:
Where it sits
812 7th St SE in context — the streets, water and amenities around it.
Property details
812 7th St SE · Minneapolis MN 55414
- Beds
- 11
- Baths
- 4
- Square feet
- 3,686
- Price / sqft
- $190
- Home type
- Duplex
- Days on market
- 34 days
- HOA
- Not reported
- Status
- For Sale
Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.