For saleSingle family

$185,000

3243 Humboldt Ave N

Minneapolis MN 55412

3 beds, 1 bath, 1,646 sqft

3243 Humboldt Ave N is a 3 beds, 1 bath, 1,646 sqft single family home for sale at $185,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,850/mo and returns $552/mo a month at a 10.1% 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
$1,850/mo
Monthly cash flow
$552/mo
Cap rate
10.1%
Cash-on-cash
17.9%
Max offer
$185,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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