For saleSingle family
$229,900
4823 Girard Ave N
Minneapolis MN 55430
3 beds, 1 bath, 1,213 sqft
4823 Girard Ave N is a 3 beds, 1 bath, 1,213 sqft single family home for sale at $229,900 in Minneapolis MN 55430. At 20% down it rents for an estimated $1,900/mo and returns $259/mo a month at a 8.0% 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
- $1,900/mo
- Monthly cash flow
- $259/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.8%
- Max offer
- $224,000
Offer ≤ $224,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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