For saleSingle family
$330,000
3301 47th Ave S
Minneapolis MN 55406
3 beds, 2 baths, 1,674 sqft
3301 47th Ave S is a 3 beds, 2 baths, 1,674 sqft single family home for sale at $330,000 in Minneapolis MN 55406. At 20% down it rents for an estimated $2,475/mo and returns $160/mo a month at a 7.1% 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
- $2,475/mo
- Monthly cash flow
- $160/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.9%
- Max offer
- $296,500
Offer ≤ $296,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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