For saleSingle family
$419,900
2619 Hayes St NE
Minneapolis MN 55418
5 beds, 2 baths, 2,336 sqft
2619 Hayes St NE is a 5 beds, 2 baths, 2,336 sqft single family home for sale at $419,900 in Minneapolis MN 55418. At 20% down it rents for an estimated $2,800/mo and returns -$198/mo a month at a 6.1% 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
- $2,800/mo
- Monthly cash flow
- -$198/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -2.8%
- Max offer
- $331,000
Offer ≤ $331,000 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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