For saleMulti-family

$325,000

2723 Dupont Ave N

Minneapolis MN 55411

6 beds, 2 baths, 1,970 sqft

2723 Dupont Ave N is a 6 beds, 2 baths, 1,970 sqft multi-family home for sale at $325,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $3,700/mo and returns $1,380/mo a month at a 11.8% 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
$3,700/mo
Monthly cash flow
$1,380/mo
Cap rate
11.8%
Cash-on-cash
25.5%
Max offer
$325,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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