For saleSingle family

$178,500

5045 Fremont Ave N

Minneapolis MN 55430

2 beds, 1 bath, 731 sqft

5045 Fremont Ave N is a 2 beds, 1 bath, 731 sqft single family home for sale at $178,500 in Minneapolis MN 55430. At 20% down it rents for an estimated $1,550/mo and returns $276/mo a month at a 8.5% 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
$1,550/mo
Monthly cash flow
$276/mo
Cap rate
8.5%
Cash-on-cash
9.3%
Max offer
$178,500

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

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