For saleSingle family
$240,000
5508 45th Ave S
Minneapolis MN 55417
2 beds, 1 bath, 1,144 sqft
5508 45th Ave S is a 2 beds, 1 bath, 1,144 sqft single family home for sale at $240,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $2,025/mo and returns $312/mo a month at a 8.2% 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
- $2,025/mo
- Monthly cash flow
- $312/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.8%
- Max offer
- $239,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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