For saleSingle family

$229,000

3550 N 4th St

Minneapolis MN 55412

2 beds, 2 baths, 850 sqft

3550 N 4th St is a 2 beds, 2 baths, 850 sqft single family home for sale at $229,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,650/mo and returns $44/mo a month at a 6.7% 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
$1,650/mo
Monthly cash flow
$44/mo
Cap rate
6.7%
Cash-on-cash
1.1%
Max offer
$197,500

Offer ≤ $197,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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