For saleSingle family
$750,000
2911 W 54th St
Minneapolis MN 55410
4 beds, 2 baths, 2,330 sqft
2911 W 54th St is a 4 beds, 2 baths, 2,330 sqft single family home for sale at $750,000 in Minneapolis MN 55410. At 20% down it rents for an estimated $3,150/mo and returns -$2,204/mo a month at a 3.1% 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
- $3,150/mo
- Monthly cash flow
- -$2,204/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.6%
- Max offer
- $374,000
Offer ≤ $374,000 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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