For saleSingle family
$425,000
2909 41st Ave S
Minneapolis MN 55406
3 beds, 2 baths, 1,285 sqft
2909 41st Ave S is a 3 beds, 2 baths, 1,285 sqft single family home for sale at $425,000 in Minneapolis MN 55406. At 20% down it rents for an estimated $2,350/mo and returns -$684/mo a month at a 4.7% 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
- $2,350/mo
- Monthly cash flow
- -$684/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.7%
- Max offer
- $278,000
Offer ≤ $278,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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