For saleMulti-family
$699,900
2524 Jackson St NE
Minneapolis MN 55418
7 beds, 5 baths, 3,300 sqft
2524 Jackson St NE is a 7 beds, 5 baths, 3,300 sqft multi-family home for sale at $699,900 in Minneapolis MN 55418. At 20% down it rents for an estimated $6,000/mo and returns $1,004/mo a month at a 8.4% 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
- $6,000/mo
- Monthly cash flow
- $1,004/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.6%
- Max offer
- $699,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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