For saleSingle family
$950,000
5709 Sheridan Ave S
Minneapolis MN 55410
4 beds, 4 baths, 3,100 sqft
5709 Sheridan Ave S is a 4 beds, 4 baths, 3,100 sqft single family home for sale at $950,000 in Minneapolis MN 55410. At 20% down it rents for an estimated $3,125/mo and returns -$3,657/mo a month at a 2.0% 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
- $3,125/mo
- Monthly cash flow
- -$3,657/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.1%
- Max offer
- $372,500
Offer ≤ $372,500 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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