For saleMulti-family
$585,000
330 4th St NE
Minneapolis MN 55413
5 beds, 4 baths, 3,111 sqft
330 4th St NE is a 5 beds, 4 baths, 3,111 sqft multi-family home for sale at $585,000 in Minneapolis MN 55413. At 20% down it rents for an estimated $5,350/mo and returns $1,247/mo a month at a 9.1% 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
- $1,247/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.8%
- Max offer
- $585,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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