For saleSingle family
$275,000
3645 Portland Ave
Minneapolis MN 55407
4 beds, 2.5 baths, 1,930 sqft
3645 Portland Ave is a 4 beds, 2.5 baths, 1,930 sqft single family home for sale at $275,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $2,500/mo and returns $571/mo a month at a 9.0% 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
- $2,500/mo
- Monthly cash flow
- $571/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 12.5%
- Max offer
- $275,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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