For saleSingle family

$185,000

2715 Irving Ave N

Minneapolis MN 55411

2 beds, 1 bath, 711 sqft

2715 Irving Ave N is a 2 beds, 1 bath, 711 sqft single family home for sale at $185,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,800/mo and returns $502/mo a month at a 9.8% 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
$1,800/mo
Monthly cash flow
$502/mo
Cap rate
9.8%
Cash-on-cash
16.3%
Max offer
$185,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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