For saleSingle family
$299,995
4917 Penn Ave N
Minneapolis MN 55430
5 beds, 2 baths, 1,872 sqft
4917 Penn Ave N is a 5 beds, 2 baths, 1,872 sqft single family home for sale at $299,995 in Minneapolis MN 55430. At 20% down it rents for an estimated $2,700/mo and returns $558/mo a month at a 8.9% 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
- $2,700/mo
- Monthly cash flow
- $558/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.2%
- Max offer
- $299,995
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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