5 Bed in NE Minneapolis

[Taylor Hoch]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Minneapolis.

Purchase price: $240,000
Cash invested: $60,000

Bought in the winter right before the market got really hot.

5 Beds total

3BD = $1850 rent
2BD = $1400 rent

How did you find this deal and how did you negotiate it?

I found it but work with a realtor

How did you finance this deal?

Fixed 30 yr, 25% down, 4.625% interest