For saleSingle family
$289,000
1915 Glenwood Ave
Minneapolis MN 55405
4 beds, 3 baths, 2,086 sqft
1915 Glenwood Ave is a 4 beds, 3 baths, 2,086 sqft single family home for sale at $289,000 in Minneapolis MN 55405. At 20% down it rents for an estimated $2,225/mo and returns $198/mo a month at a 7.3% 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
- $2,225/mo
- Monthly cash flow
- $198/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.1%
- Max offer
- $266,500
Offer ≤ $266,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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