For saleMulti-family
$525,000
5711 Xerxes Ave S
Minneapolis MN 55410
3 beds, 2 baths, 1,512 sqft
5711 Xerxes Ave S is a 3 beds, 2 baths, 1,512 sqft multi-family home for sale at $525,000 in Minneapolis MN 55410. At 20% down it rents for an estimated $4,400/mo and returns $652/mo a month at a 8.2% 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
- $652/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.5%
- Max offer
- $519,000
Offer ≤ $519,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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