For saleSingle family
$300,000
2941 44th Ave S
Minneapolis MN 55406
2 beds, 2 baths, 1,230 sqft
2941 44th Ave S is a 2 beds, 2 baths, 1,230 sqft single family home for sale at $300,000 in Minneapolis MN 55406. At 20% down it rents for an estimated $1,500/mo and returns -$642/mo a month at a 4.1% 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
- $1,500/mo
- Monthly cash flow
- -$642/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $177,500
Offer ≤ $177,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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