For saleSingle family

$265,000

5737 37th Ave S

Minneapolis MN 55417

3 beds, 1 bath, 1,392 sqft

5737 37th Ave S is a 3 beds, 1 bath, 1,392 sqft single family home for sale at $265,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $2,250/mo and returns $391/mo a month at a 8.3% 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
$2,250/mo
Monthly cash flow
$391/mo
Cap rate
8.3%
Cash-on-cash
8.9%
Max offer
$265,000

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

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