For saleSingle family

$249,900

4020 Emerson Ave N

Minneapolis MN 55412

5 beds, 1 bath, 1,322 sqft

4020 Emerson Ave N is a 5 beds, 1 bath, 1,322 sqft single family home for sale at $249,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,400/mo and returns $647/mo a month at a 9.6% 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
$2,400/mo
Monthly cash flow
$647/mo
Cap rate
9.6%
Cash-on-cash
15.5%
Max offer
$249,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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