For saleMulti-family
$530,000
3154 15th Ave S
Minneapolis MN 55407
9 beds, 3 baths, 3,649 sqft
3154 15th Ave S is a 9 beds, 3 baths, 3,649 sqft multi-family home for sale at $530,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $6,600/mo and returns $2,883/mo a month at a 13.0% 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
- $6,600/mo
- Monthly cash flow
- $2,883/mo
- Cap rate
- 13.0%
- Cash-on-cash
- 32.6%
- Max offer
- $530,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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