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 $4,400/mo and returns $1,419/mo a month at a 10.5% 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
$1,419/mo
Cap rate
10.5%
Cash-on-cash
20.0%
Max offer
$425,000

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

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