For saleSingle family

$269,900

1634 Upton Ave N

Minneapolis MN 55411

4 beds, 1.5 baths, 1,893 sqft

1634 Upton Ave N is a 4 beds, 1.5 baths, 1,893 sqft single family home for sale at $269,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,200/mo and returns $273/mo a month at a 7.9% 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
$2,200/mo
Monthly cash flow
$273/mo
Cap rate
7.9%
Cash-on-cash
6.1%
Max offer
$259,500

Offer ≤ $259,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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