For saleSingle family
$85,000
907 20th Ave NE
Minneapolis MN 55418
2 beds, 1 bath, 800 sqft
907 20th Ave NE is a 2 beds, 1 bath, 800 sqft single family home for sale at $85,000 in Minneapolis MN 55418. At 20% down it rents for an estimated $1,500/mo and returns $893/mo a month at a 19.3% 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
- $893/mo
- Cap rate
- 19.3%
- Cash-on-cash
- 63.0%
- Max offer
- $85,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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