For saleMulti-family
$425,000
3954 Portland Ave
Minneapolis MN 55407
5 beds, 3 baths, 2,491 sqft
3954 Portland Ave is a 5 beds, 3 baths, 2,491 sqft multi-family home for sale at $425,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $4,200/mo and returns $1,166/mo a month at a 10.0% 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
- $4,200/mo
- Monthly cash flow
- $1,166/mo
- Cap rate
- 10.0%
- Cash-on-cash
- 16.5%
- Max offer
- $425,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading