For saleMulti-family

$435,000

732 6th Ave S

Hopkins MN 55343

4 beds, 2 baths, 860 sqft

732 6th Ave S is a 4 beds, 2 baths, 860 sqft multi-family home for sale at $435,000 in Hopkins MN 55343. At 20% down it rents for an estimated $3,600/mo and returns $617/mo a month at a 8.0% 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
$3,600/mo
Monthly cash flow
$617/mo
Cap rate
8.0%
Cash-on-cash
8.5%
Max offer
$435,000

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

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