For saleSingle family

$215,000

2407 N 4th St

Minneapolis MN 55411

4 beds, 2 baths, 1,500 sqft

2407 N 4th St is a 4 beds, 2 baths, 1,500 sqft single family home for sale at $215,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,275/mo and returns $767/mo a month at a 10.8% 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
$2,275/mo
Monthly cash flow
$767/mo
Cap rate
10.8%
Cash-on-cash
21.4%
Max offer
$215,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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