For saleMulti-family
$485,000
5001 Thomas Ave S
Minneapolis MN 55410
2 beds, 2 baths, 1,730 sqft
5001 Thomas Ave S is a 2 beds, 2 baths, 1,730 sqft multi-family home for sale at $485,000 in Minneapolis MN 55410. At 20% down it rents for an estimated $6,500/mo and returns $3,038/mo a month at a 14.2% 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
- $6,500/mo
- Monthly cash flow
- $3,038/mo
- Cap rate
- 14.2%
- Cash-on-cash
- 37.6%
- Max offer
- $485,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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