For saleMulti-family
$879,900
3412 Humboldt Ave S
Minneapolis MN 55408
9 beds, 6 baths, 5,195 sqft
3412 Humboldt Ave S is a 9 beds, 6 baths, 5,195 sqft multi-family home for sale at $879,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $6,850/mo and returns $679/mo a month at a 7.4% 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
- $6,850/mo
- Monthly cash flow
- $679/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.6%
- Max offer
- $820,500
Offer ≤ $820,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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