For saleMulti-family
$557,000
5921 Chicago Ave S
Minneapolis MN 55417
5 beds, 3 baths, 2,695 sqft
5921 Chicago Ave S is a 5 beds, 3 baths, 2,695 sqft multi-family home for sale at $557,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $5,350/mo and returns $1,443/mo a month at a 9.6% 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
- $5,350/mo
- Monthly cash flow
- $1,443/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 15.5%
- Max offer
- $557,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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