For saleSingle family
$93,000
4104 15th Ave S
Minneapolis MN 55407
2 beds, 1 bath, 972 sqft
4104 15th Ave S is a 2 beds, 1 bath, 972 sqft single family home for sale at $93,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $1,500/mo and returns $836/mo a month at a 17.5% 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
- $1,500/mo
- Monthly cash flow
- $836/mo
- Cap rate
- 17.5%
- Cash-on-cash
- 53.9%
- Max offer
- $93,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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