For saleSingle family
$280,000
2915 Logan Ave N
Minneapolis MN 55411
5 beds, 2 baths, 1,716 sqft
2915 Logan Ave N is a 5 beds, 2 baths, 1,716 sqft single family home for sale at $280,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,550/mo and returns $551/mo a month at a 9.0% 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
- $2,550/mo
- Monthly cash flow
- $551/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.8%
- Max offer
- $280,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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