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 $2,650/mo and returns $294/mo a month at a 7.7% 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
- $2,650/mo
- Monthly cash flow
- $294/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.3%
- Max offer
- $312,500
Offer ≤ $312,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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