For saleMulti-family

$449,000

1926 15th Ave S

Minneapolis MN 55404

5 beds, 4 baths, 2,561 sqft

1926 15th Ave S is a 5 beds, 4 baths, 2,561 sqft multi-family home for sale at $449,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $4,100/mo and returns $951/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
$4,100/mo
Monthly cash flow
$951/mo
Cap rate
9.1%
Cash-on-cash
12.7%
Max offer
$449,000

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

Loading listing…

Fetching the market snapshot.