For saleSingle family

$149,900

3455 Girard Ave N

Minneapolis MN 55412

2 beds, 2 baths, 1,174 sqft

3455 Girard Ave N is a 2 beds, 2 baths, 1,174 sqft single family home for sale at $149,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,550/mo and returns $480/mo a month at a 10.5% 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
$1,550/mo
Monthly cash flow
$480/mo
Cap rate
10.5%
Cash-on-cash
19.2%
Max offer
$149,900

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

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