For saleSingle family

$619,900

5128 Beard Ave S

Minneapolis MN 55410

3 beds, 2 baths, 2,484 sqft

5128 Beard Ave S is a 3 beds, 2 baths, 2,484 sqft single family home for sale at $619,900 in Minneapolis MN 55410. At 20% down it rents for an estimated $2,500/mo and returns -$1,925/mo a month at a 2.9% 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
$2,500/mo
Monthly cash flow
-$1,925/mo
Cap rate
2.9%
Cash-on-cash
-18.6%
Max offer
$297,000

Offer ≤ $297,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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