For saleMulti-family
$525,000
2512 N 6th St
Minneapolis MN 55411
8 beds, 3 baths, 2,965 sqft
2512 N 6th St is a 8 beds, 3 baths, 2,965 sqft multi-family home for sale at $525,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $6,300/mo and returns $2,618/mo a month at a 12.5% 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
- $6,300/mo
- Monthly cash flow
- $2,618/mo
- Cap rate
- 12.5%
- Cash-on-cash
- 29.9%
- Max offer
- $525,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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