For saleSingle family
$370,000
5504 41st Ave S
Minneapolis MN 55417
4 beds, 3 baths, 1,440 sqft
5504 41st Ave S is a 4 beds, 3 baths, 1,440 sqft single family home for sale at $370,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $2,750/mo and returns $109/mo a month at a 7.0% 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
- $2,750/mo
- Monthly cash flow
- $109/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.8%
- Max offer
- $324,500
Offer ≤ $324,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading