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 $2,325/mo and returns $790/mo a month at a 11.1% 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
- $2,325/mo
- Monthly cash flow
- $790/mo
- Cap rate
- 11.1%
- Cash-on-cash
- 22.1%
- Max offer
- $215,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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