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 $2,375/mo and returns $312/mo a month at a 8.0% 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
- $2,375/mo
- Monthly cash flow
- $312/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.5%
- Max offer
- $280,000
Offer ≤ $280,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading