For saleSingle family
$114,900
3406 Girard Ave N
Minneapolis MN 55412
3 beds, 1 bath, 1,060 sqft
3406 Girard Ave N is a 3 beds, 1 bath, 1,060 sqft single family home for sale at $114,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,850/mo and returns $1,044/mo a month at a 17.4% 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
- $1,850/mo
- Monthly cash flow
- $1,044/mo
- Cap rate
- 17.4%
- Cash-on-cash
- 54.5%
- Max offer
- $114,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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