For saleSingle family

$339,900

6052 Clinton Ave S

Minneapolis MN 55419

3 beds, 1 bath, 1,845 sqft

6052 Clinton Ave S is a 3 beds, 1 bath, 1,845 sqft single family home for sale at $339,900 in Minneapolis MN 55419. At 20% down it rents for an estimated $2,475/mo and returns $91/mo a month at a 6.8% 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
$2,475/mo
Monthly cash flow
$91/mo
Cap rate
6.8%
Cash-on-cash
1.6%
Max offer
$296,500

Offer ≤ $296,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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