For saleMulti-family

$374,700

2211 10th Ave S

Minneapolis MN 55404

5 beds, 2 baths, 2,397 sqft

2211 10th Ave S is a 5 beds, 2 baths, 2,397 sqft multi-family home for sale at $374,700 in Minneapolis MN 55404. At 20% down it rents for an estimated $2,750/mo and returns $122/mo a month at a 6.9% 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
$2,750/mo
Monthly cash flow
$122/mo
Cap rate
6.9%
Cash-on-cash
2.0%
Max offer
$329,500

Offer ≤ $329,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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