For saleSingle family
$249,900
3841 29th Ave S
Minneapolis MN 55406
2 beds, 1 bath, 911 sqft
3841 29th Ave S is a 2 beds, 1 bath, 911 sqft single family home for sale at $249,900 in Minneapolis MN 55406. At 20% down it rents for an estimated $1,750/mo and returns -$34/mo a month at a 6.5% 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
- $1,750/mo
- Monthly cash flow
- -$34/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.8%
- Max offer
- $206,500
Offer ≤ $206,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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