For saleSingle family

$239,000

3726 Fremont Ave N

Minneapolis MN 55412

3 beds, 1 bath, 1,428 sqft

3726 Fremont Ave N is a 3 beds, 1 bath, 1,428 sqft single family home for sale at $239,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,950/mo and returns $244/mo a month at a 7.9% 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
$1,950/mo
Monthly cash flow
$244/mo
Cap rate
7.9%
Cash-on-cash
6.1%
Max offer
$230,000

Offer ≤ $230,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading