For saleSingle family
$325,000
5961 2nd Ave S
Minneapolis MN 55419
4 beds, 2 baths, 1,802 sqft
5961 2nd Ave S is a 4 beds, 2 baths, 1,802 sqft single family home for sale at $325,000 in Minneapolis MN 55419. At 20% down it rents for an estimated $2,700/mo and returns $380/mo a month at a 8.1% 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
- $2,700/mo
- Monthly cash flow
- $380/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.0%
- Max offer
- $318,500
Offer ≤ $318,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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