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.
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