For saleSingle family
$349,900
2533 Cedar Ave S
Minneapolis MN 55404
5 beds, 3 baths, 2,197 sqft
2533 Cedar Ave S is a 5 beds, 3 baths, 2,197 sqft single family home for sale at $349,900 in Minneapolis MN 55404. At 20% down it rents for an estimated $2,325/mo and returns -$173/mo a month at a 6.1% 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
- $2,325/mo
- Monthly cash flow
- -$173/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -3.0%
- Max offer
- $274,500
Offer ≤ $274,500 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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