For saleSingle family
$289,000
4735 Aldrich Ave N
Minneapolis MN 55430
4 beds, 2 baths, 1,536 sqft
4735 Aldrich Ave N is a 4 beds, 2 baths, 1,536 sqft single family home for sale at $289,000 in Minneapolis MN 55430. At 20% down it rents for an estimated $2,325/mo and returns $298/mo a month at a 7.8% 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
- $2,325/mo
- Monthly cash flow
- $298/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.2%
- Max offer
- $278,500
Offer ≤ $278,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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