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 $3,900/mo and returns $498/mo a month at a 7.7% 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
- $3,900/mo
- Monthly cash flow
- $498/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 6.2%
- Max offer
- $467,000
Offer ≤ $467,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.