For saleSingle family

$229,900

1510 44th Ave N

Minneapolis MN 55412

3 beds, 1 bath, 1,021 sqft

1510 44th Ave N is a 3 beds, 1 bath, 1,021 sqft single family home for sale at $229,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,750/mo and returns $138/mo a month at a 7.2% 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
$1,750/mo
Monthly cash flow
$138/mo
Cap rate
7.2%
Cash-on-cash
3.6%
Max offer
$209,500

Offer ≤ $209,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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